Economy
December 23, 2020
Currency Update for Steel Trading Nations
Written by Peter Wright
The U.S. dollar weakened against 15 of the 16 steel and raw materials trading nation currencies in both the last 30 and 90 days. The biggest changes in the last 90 days were in the value of the South African rand, up 12.2 percent, the Korean won and the Mexican peso, both up by 6.0 percent, and the Brazilian real, up by 5.7 percent. The only currency of the 16 that declined in the last 90 days was the Turkish lira, down by 1.2 percent.
