Dollar Safe Haven
March 10, 2009
Global imbalances have raised fears of a dollar crisis. But rather than collapsing, the dollar has grown stronger over the last year. What explains this safe-haven status of the dollar, and can it last? The chart above shows the value of the dollar over the last 35 years, highlighting recessions and significant geopolitical events.
Economist: The Resilient Dollar
Slater: Dollar’s Gain Derives From Pain
Garnham: Haven Status Adds to Dollar Attraction
Setser: How a US Financial Crisis Rebounded To Benefit the Dollar
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