The US dollar is going through the worst beginning of the year in the last half a century. According to The New York Times, in the first six months of 2025, the US currency lost more than 10% of the cost of the country's main trade partners. This is the greatest fall since 1973 - the time when the US has officially deviated the dollar from the gold standard.
Among the main reasons for this fall, analytics are called:
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tariff and isolational foreign policy related to Donald Trump's potential return to power;
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fears of inflation and public debt growth;
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The gradual reduction of trust in the dollar as the main currency of the global financial system.
According to experts, the weakening of the dollar carries both risks and potential benefits. On the one hand, it can worsen investor trust and complicate inflation control. On the other hand, the reduced exchange rate gives a competitive advantage to American exporters, making their products cheaper in the world market. At the same time, imports of goods will rise in price, which can affect consumer prices in the United States.
Analysts are currently monitoring the reaction of the financial markets and assessing whether the dollar will be able to stabilize in the second half of the year, given the political processes in the United States and the actions of the federal reserve system.