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U.S. Dollar Has Lost Over 23% of Its Value Over The Last 10 Years

Portland : OR : USA | 2 months ago  
Views: 111
Dollar

U.S. Dollar has lost over 23% of its value against a basket of the worlds currencies over the last 10 years. This correlates to a 2.34% loss per year on average. Think this is bad? It is but most analysts see the dollar loosing even more value over the next decade as well.

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  • News Source: Xinhuanet.com | 2 months ago
    Division of the New York Mercantile Exchange closed above the key level of 1,000 dollars per ounce on Friday for the first time since February, as dollar continued its weak trend. Silver and platinum both ended higher.     Gold price for December...
  • News Source: Washington Post | 2 months ago
    Despite the nose-diving U.S. economy, nervous investors and central banks looked to greenbacks and U.S...Many economists think the global recession is winding down or is already over, which has encouraged investors to dump dollars to buy stocks and...
  • News Source: CNN | 2 months ago
    The dollar fell to a one-year low against a basket of currencies on Friday, as continued concern over its long-term value further soured the near-term technical picture and meant there was no let-up in the selling. The dollar index was firmly on...
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