What the Slide in the U.S. Dollar Means for Consumers

The dollar's value has plunged recently to some of its lowest levels in years. So what does that mean for Americans. The dollar index measures the value of the dollar against a basket of foreign currencies of major trading partners.In recent weeks, that value has plunged extending declines from last year. The US dollar has been historically strong for the last decade or so, but since the pandemic, the value of the dollar has shot upward. Now, this afforded consumers a lot of benefits, at least in the shor ...