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  • Saturday, 28 March 2020

    Dollar soars as number of infected increases



    The dollar has found itself selling off this week as the number of affected american citizens raises beyond expectations causing investors to sell the United States Dollar. the number of affected american citizens has rose over 50 000 this month alone and the number of deaths has reached 800, and the number of cases is continually increasing at an uncontrollable manner which has affected the US dollar significantly.

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    With china having reduced the number of new cases to almost zero, the united states dollar has been experiencing a lot of selling in the the markets. Below we have attached a picture of the dollar index and how it has dropped significantly in the past two weeks as the number of confirmed cases increase in USA.



    Sifiso Nkwanyana

    Author & Editor

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