The exchange rate of the US dollar has fallen to its lowest level in nearly four years against major currencies.
Modern.az reports that the "Bloomberg" agency has released information on this matter.
The agency's calculated "Bloomberg Dollar Spot Index" (BBDXY) declined by 0.4 percent on Tuesday, falling to its lowest level since March 2022.
The dollar has been continuously depreciating for the fourth consecutive day. The sharpest decline was recorded against the Japanese yen.
The weakening of the dollar is explained by investors adopting a more cautious stance following Washington's uncertain and volatile policies. In particular, statements by US President Donald Trump regarding his intention to gain control over Greenland have increased concerns in the markets.
