The US dollar has fallen 9% against a basket of global currencies over the past year, reaching its weakest level since March 2022. This decline, driven by domestic political turmoil and uncertainty surrounding President Donald Trump's policies, has sparked concerns about its implications for international trade and financial stability.

The dollar's depreciation has intensified pressure on US exporters, who benefit from a weaker currency, while also complicating efforts to manage inflationary pressures domestically. Analysts note that the ongoing weakness reflects broader economic uncertainty within the US, as geopolitical tensions and domestic policy shifts continue to shape market dynamics.