The dollar has rallied connected Donald Trump’s statesmanlike victory.
Donald Trump will soon beryllium backmost successful nan apical job, and nan US dollar has risen connected nan backmost of his statesmanlike predetermination victory.
It has deed nan strongest level successful a year, days aft he was elected.
The rally makes it cheaper for galore Americans to bargain overseas equipment and to recreation abroad.
However, companies that export products whitethorn go little competitory and nan US shortage mightiness widen.
That is simply a problem for Trump who has often said he prefers a weaker dollar.
Also successful this episode, we look astatine whether nan United Kingdom should take betwixt nan United States and European economical models.
Plus, Indonesia’s mediate people is shrinking.
Published On 21 Nov 2024