As the dollar fell, the consumer price index rose over the first year of Trump's second term, with a basket of goods costing 2.7% more by the end of 2025.

The falls have sparked questions about whether the world's go-to currency is losing its lustre.

The chart shows the U.S. dollar’s value from January 20 to January 25, with the index falling from around 99.10 to 97.14.

US President Donald Trump has been a vocal advocate of a weaker US Dollar, citing devaluation attempts by countries such as China and Japan. He also believes that a weaker Dollar will promote export competitiveness and bring down the country's trade deficit.

A new chart showing the US dollar’s crashing value has surfaced online, raising concerns.

The US dollar is on a downward trajectory even after Trump’s optimistic remarks, who defended the currency value on Tuesday by calling it “great.” However, soon after

Despite remaining world’s dominant reserve currency, as well as most used currency in global transactions, rising risks and central banks’ search to diversify weaken US dollar’s dominance - Anadolu Aj

Uruguay has raised warning signals in its economic policy after its currency appreciated the most in the world against the dollar this week.

In an interview to CNBC, US Treasury Secretary Scott Bessent highlighted that the US has always had a "strong dollar" policy and that they are "absolutely not" intervening in the Japanese currency markets.

The value of the U.S. dollar plunged after President Donald Trump said he was not concerned about the currency's recent drop.