For international investors in general, currency risk -- above all the weakening of the US dollar -- has become the most important financial risk of the year. US dollar vs euroSome commentators have even been wondering whether the US dollar might be in danger of losing its privileged place as world reserve currency. Thanks to this status, the dollar is used in most international financial transactions. Financial markets like stability, so the prospects of a change in the presidency make the recovery more uncertain. Consequently, international investors have re-oriented their portfolios towards other developed economies, particularly European ones.
Source: Dhaka Tribune September 03, 2020 11:26 UTC