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[microunit]

With the pandemic still is causing problems around the world, The U.S had been in a disarray with their economic stability with more businesses closing, more money printing and just struggling with their economy. Ripple CEO said that with this the U.S dollar value might further sunk in the coming months.

 

[Reznov]

yeah i have noticed that as well, when i tried to withdraw my funds from my paypal account to my local bank account, the price was only 8.89 MAD instead of the usual 9.3 MAD, that was a huge loss for me xd

 

[Wisdom01]

I think the dollar value is been affected by the issue of pandemic ,trade relations and others , so I think for now its depreciating in the international market

 

[Ewogboka]

Yes the value has also reduced in my country because there is a lot of dollar in circulation making it loose it value, I don't think US may recover from this anytime soon.

 

[microunit]

in my country dollar has also drop around 5-10% of its original value (exchanged to our local currency) which sparks a thought in my head where the reason bitcoin rose up in price is because of the dollar's depreciation

 

[Ewogboka]

The loss in the value of dollar will make inflation much bearable for countries that depends more on importation for survival of their economy.

 

[Balint098]

In here the value is still relatively higher since the national currency in my country is also depreciating. Meanwhile, in America it's not just the pandemic that makes the economy in disarray, it's the riots and civil unrest that destabilize the economy.

 

[Ewogboka]

The trade war between US and China earlier before the pandemic had effect then the pandemic worsened the situation. I hope the value of your currency will rise against dollar so as to limit inflation @Emoney.

 

[Reznov]

The trade war between US and China earlier before the pandemic had effect then the pandemic worsened the situation. I hope the value of your currency will rise against dollar so as to limit inflation @Emoney.

it's impossible for the indonesian currency to have a better value than the USD, maybe products price will be cheaper to buy for people from there, but that's just impossible

 

[Ewogboka]

it's impossible for the indonesian currency to have a better value than the USD, maybe products price will be cheaper to buy for people from there, but that's just impossible

I know it is possible but a decrease in the value of dollar will favor importation from US and other countries since dollar is the trading currency. Even my country currency is not competing strongly with dollar.

 

[Balint098]

The trade war between US and China earlier before the pandemic had effect then the pandemic worsened the situation. I hope the value of your currency will rise against dollar so as to limit inflation @Emoney.

Thanks for the wishes but I'm wishing the reverse to happen to be honest - the more my national currency suffers the more profit I will get since currently I'm working online full time and get paid mostly with USD.

 

[Ewogboka]

Thanks for the wishes but I'm wishing the reverse to happen to be honest - the more my national currency suffers the more profit I will get since currently I'm working online full time and get paid mostly with USD.

This benefit will go to you as individual but the general public will feel the effect which is not ideal, I sometimes wish that too but the masses first.

 

[Delaw2020]

This statement is very true. United states dollar is the major pointer currency that determines worlds global economy. The pandemic has made it lose its value below a certain percentage. Not withstanding, situation like this had occurred before and America survived it. This will not be an exception.

 

[a_jerobon]

The US dollar is really being affected by this pandemic. I saw this while I was converting my PayPal money to local currency, the value is really going down. This is due to the collapse of many businesses and the printing of more money hence leading to inflation.

 

[Josemendez]

Presently the US dollar has not lost much weight . But even if it does in future it will still bounce back because US is a strong nation with many ways to diversify their economy

 

[sykt62]

Us has the greatest economy system in the world.usdollar backed up with high regulation
If they loose value then its very low
Al least us govt knows how to diverse the economy

 

[Ewogboka]

Us has the greatest economy system in the world.usdollar backed up with high regulation
If they loose value then its very low
Al least us govt knows how to diverse the economy

You know with the Crypto currencies invoke now most countries in a short time from now will not buy foreign exchange USD specifically because Crypto currency has taken the lead

 

[sykt62]

You know with the Crypto currencies invoke now most countries in a short time from now will not buy foreign exchange USD specifically because Crypto currency has taken the lead

I know.For crypto anonymity people are more like to buy it
But usdollar are properly designed are distributioned it never loose value

 

[Brain]

This is not only about the US, the pandemic affected alot of countries even Nigeria my country and we are still yet to regain it. The US will emerge better soon

 

[Ewogboka]

Every country will gradually regain it strength though it may not be as easy as we think for US because they printed more dollar during this pandemic making their currency loose value