This year, the dollar index has fallen by nearly 10%, and the US government shutdown losses have exceeded 11 billion dollars
2025-10-01 11:05:09
The Congressional Budget Office estimates that the government shutdown in late 2018 and early 2019 caused about $11 billion in economic damage. The dollar index fell about 0.1% overnight and is down nearly 10% so far this year as markets worried about the risk of a federal government shutdown. In addition, the government shutdown could raise market concerns about the US credit rating, and the three major rating agencies have repeatedly warned of fiscal and budgetary risks in the United States. (Jin Ten)
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