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Benzinga
Benzinga
Business
Zaheer Anwari

The Dollar Index Is Trading At Levels Last Seen In 2000

Ice Dixie Intercontinental Exchange Euro

Let's start with a brief history.

The U.S Federal Reserve established The Dollar Index, nicknamed the Dixie, in March 1973 soon after the dismantling of the Bretton Woods Agreement. At its start, the base value was 100 and values since then are relative to the base. 

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