Shafi Sammi Mahdi:

The price of the dollar is falling. It has depreciated 6 percent against other currencies this year.

According to a Reuters report, the dollar has lost its value since the corona outbreak. The United States is increasingly investing in safe products such as gold during this period of Corona uncertainty.

Gold prices have risen 23 percent this year. However, analysts believe that even if the dollar depreciates during the Corona, it will not last.

The Federal Reserve said it was not concerned. Because if the corona effect decreases, economic activity increases, and the dollar price will rise again.

Source: The Daily Ittefaq