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What is a strong dollar

by admin

Strength is an economic term, which means an upward trend over a period of time, and the dollar is rising at the micro level.

In short, the dollar will rise while others fall.

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With the rise of America’s new economy, a strong dollar became a cornerstone of policy.

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The dollar has maintained a strong position against other major currencies to ensure the continuous inflow of international capital, and use international capital to make up for the current account deficit and develop the burgeoning new economy of the United States.

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The “strong dollar” has been the hallmark since the mid-1990s.

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