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US dollar weakness worries Asian exporters

Analysts say slumping greenback will continue in 2021

TOKYO -- The foreign exchange market is making Asian exporters anxious as the U.S. dollar continues to fall relative to leading currencies, reducing the competitiveness of regional products in the American market.

Last week, the dollar index, which measures the value of the dollar relative to a basket of foreign currencies, reached its lowest level in nearly three years. Compared to its peak in March, the index has declined about 11%.

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