What does a strong US dollar mean for investors? – The National
- Date: 24-May-2022
- Source: The National
- Sector:Financial Markets
- Country:Middle East
What does a strong US dollar mean for investors? – The National
This year has been a dismal one for investors as shares, bonds, Bitcoin and gold have all fallen, while inflation destroys the real value of cash. Even safe-haven currencies such as the Japanese yen and Swiss franc have taken a beating.
Yet, amid the wreckage, the mighty US dollar stands firm.
The world’s reserve currency remains the number one safe haven in a financial and geopolitical storm.