The Dollar Index, which tracks the U.S. currency against six leading trading partners (but not China), fell the most in a single day since last April 10, when it tumbled almost 2% amid mounting trade disputes and U.S. threats to impose a 145% tariff on China. That same day, the S&P 500 slid 3.5% and the Nasdaq Composite sank 4.3%.

The value of the U.S. dollar plunged after President Donald Trump said he was not concerned about the currency's recent drop.

The U.S. dollar has fallen nearly 11% in 12 months, hitting its lowest level since 2022. Here's how that translates to higher prices, more expensive loans, and what you can do about it.

By Rocky Swift and Rae Wee TOKYO, Jan 30 (Reuters) - The dollar rose on Friday, paring its weekly slide, after U.S. President Donald Trump said he would soon announce his nominee to head the Federal Reserve and on optimism Washington will avert a government shutdown.

As the dollar fell, the consumer price index rose over the first year of Trump's second term, with a basket of goods costing 2.7% more by the end of 2025.

President Trump indicated he’s comfortable with the dollar’s recent decline, helping send the currency to its lowest level since early 2022.

By Rocky Swift TOKYO, Jan 30 (Reuters) - The dollar was poised for a second straight weekly decline on Friday as tariff threats against countries trading with Cuba added to global tensions that have sapped demand for U.

Not nearly as much as it could be

As political and economic tensions drive investors to alternative assets, the currency has hit its lowest level since early 2022.

Fears have been swirling for years that the era of U.S. dollar reserve currency status could be coming to an end, with the turmoil triggered by U.S. president Donald Trump’s global trade tariffs and the rise of China as a economic challenger to the U.S. stoking those fears.