Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The U.S. dollar is in the midst of its steepest annual decline in over five decades, triggering renewed inflation concerns among leading market experts. Dollar Depreciation Sparks Inflation Concerns On Monday, in a post on X, The Kobeissi Letter raised concerns regarding the depreciation in the U.S. Dollar throughout this past year. Citing data from Apollo Global Management, the post warned that this decl ...

Group 1 - The offshore yuan has appreciated approximately 3% against the U.S. dollar this year, coinciding with a significant decline of over 10% in the U.S. dollar index, marking its worst performance in over two decades [2] - The yuan has experienced a notable weakening against other major currencies such as the euro, British pound, and Japanese yen, which enhances the competitiveness of Chinese exports in these markets [3]