The US dollar loses its crown
The dollar dominated last year as the US Federal Reserve raised interest rates quicker than other countries to tame inflation. But the so-called “king dollar” has shifted recently. FT Capital Markets Correspondent Kate Duguid dives into how the greenback has been toppled from its throne and what that means for the rest of the world.
- - - - - - - - - - - - - - - - - - - - - - - - - -
For further reading:
US dollar hits reverse gear as Fed cedes rate-rise ‘driver’s seat’
Dollar touches 7-month low as Fed rate rise expectations slide
The downturn in the dollar is not just about rates
Emerging market governments raise $40bn in January borrowing binge
- - - - - - - - - - - - - - - - - - - - - - - - - -
On Twitter, follow Kate Duguid (@kateduguid) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
The podcast Behind the Money is embedded on this page from an open RSS feed. All files, descriptions, artwork and other metadata from the RSS-feed is the property of the podcast owner and not affiliated with or validated by Podplay.