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dollar index (DXY) has broken in recent weeks, with the top cryptocurrency struggling to gather upside traction amid continued sell-off in the greenback.
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rat rat protocol in india ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.When the greenback rallies, those with dollar borrowings face higher debt servicing costs and scale-back exposure to risk assets.
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It's not just that the U.S.
dollar is the denominator in the most-quoted pair for the crypto asset (and when the denominator goes down in value, the ratio goes up, all else being equal) – it's also that a weaker dollar boosts global liquidity by giving U.S.
dollar debt holders around the world more room to breathe," Acheson said in Monday's edition of the newsletter.The chart shows debt issued by firms in a currency other than that of their home country from early 2000 to 2022.
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