BRICS: US Dollar Falls Against 8 Currencies in 2025
The latest data from Reuters shows that the US dollar fell against eight out of nine leading currencies in 2025. While leading currencies weakened after Trump won the election in November, things took a U-turn after he was sworn in this January. Trump repeatedly threatened BRICS and other countries with trade consequences through tariffs if they ditch the US dollar. Also Read: BRICS: Analyst Reveals If the US Dollar Can Maintain Its Dominance The US dollar dipped against all major currencies this year but only outperformed the Canadian dollar by a small margin of 0.1%. While the BRICS alliance could not topple the US dollar, the greenback is now damaging itself from within through tariffs. Below is the list of leading currencies that the US dollar has dipped in 2025: Swedish crown -8.6% Norwegian crown -6.5% Japanese yen -6.2% Euro -5.7% British pound -3.6% Swiss franc -2.6% New Zealand dollar -2.44% Australian dollar -2.03% Also Read: BRICS: New Country Plans to Reduce 25% of Trade Wi...