Opinion: Why the plunging U.S. dollar is putting your spending and savings power at risk

Underpinned by the economic and institutional strength of the United States, the U.S. dollar 

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 has been the world’s dominant currency since World War II. The prevalence of the dollar in international markets, together with confidence in the stability and soundness of the U.S. economy, have made the dollar a safe haven for international investors in times of economic crises and heightened uncertainty.