W Power 2025

Dollar days

Published: Mar 18, 2016 06:58:28 AM IST

A surging greenback has wiped billions off the fortunes of the world’s richest, as energy-dependent countries like Russia, Mexico and Brazil experienced double-digit drops in the last year. A slowing Chinese economy and sluggish recoveries in Europe made the Japanese yen the only major currency to appreciate against the US dollar.

(This story appears in the 30 November, -0001 issue of Forbes India. To visit our Archives, click here.)

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