What makes USD a safe haven currency?

safe haven currency In uncertain times like these the US Dollar is still remaining considerably stable and in fact gaining in value. Why is that? How is that when strong currencies like the British Pound and Euro are dipping, the Dollar continues to thrive? The answer to both these questions lies in a simple term that many will have already heard; USD is a safe haven currency. Let’s dissect this statement. Safe Haven: what does it mean? As the name suggests, a safe haven is a trusted currency or commodity that is expected to keep its value, or increase in value even in times of extreme volatility.


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