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Dollar falls on U.S. government shutdown, now on pace for worst annual decline in 22 years
CNBC·2025-10-01 13:19

Group 1 - The dollar maintained significant gains following better-than-expected U.S. economic data, which reduced expectations for further easing by the Federal Reserve this year [1] - The dollar index decreased by 0.2%, trading at 97.61, marking a 10% decline for 2025, which would represent the largest annual loss for the U.S. currency since 2003, when it fell by 14.6% [2] - The U.S. government experienced a shutdown after the Senate failed to pass a short-term funding bill, with Democrats advocating for the extension of enhanced Obamacare tax credits, while President Trump threatened benefit cuts if no agreement was reached [3]