Dollar actually worth 9% less than what other currencies pay for it

Greenback's credibility challenged by Washington's ballooning deficit

20210129 US Dollar

The dollar's theoretical value is on the decline due to the pandemic.

TAKERO MINAMI, KAZUYA MANABE and TATSUYA GOTO, Nikkei staff writers

TOKYO/NEW YORK -- The depreciating dollar is becoming a focal point of the coronavirus-hit global economy.

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