US dollar sinks to 4-year low as Trump brushes off currency’s slide, Singdollar at fresh 11-year high

US dollar sinks to 4-year low as Trump brushes off currency’s slide, Singdollar at fresh 11-year high

The Straits Times - Sports·2026-01-28 09:03

NEW YORK - The US dollar sank, deepening a four-day sell-off that sent it to the lowest since early 2022, after President Donald Trump indicated he’s comfortable with those declines.

“No, I think it’s great,” Mr Trump told reporters in Iowa on Jan 27 when asked if he was worried about the currency’s drop. “I think the value of the dollar - look at the business we’re doing. The dollar’s doing great.”

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