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Dollar Fall Not Driven By Changing Rates
The Sunday Guardian
|June 29, 2025
The recent fall in the US dollar is no longer being driven only by changing expectations around interest rates.
According to a report by Union Bank of India, the dollar's decline is now being supported by a more fundamental shift as global capital is moving away from US assets.
The report stated, "The dollar's weakness is no longer being driven solely by shifting rate expectations; it is now being reinforced by a decisive reallocation of global capital".
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