India, Jan. 29 -- Donald Trump has dismissed the US dollar's recent decline to a four-year low, insisting that the currency is "doing great." However, experts have warned that economic and political uncertainty is fueling the slide.

On Tuesday, January 27, the US Dollar Index hit its lowest level since February 2022. As of Wednesday morning, January 28, it was trading at around 96.2, below the 1973 baseline of 100.

On being asked about the currency extending losses, President Trump said, "I think it's great."

"The value of the dollar-look at the business we're doing," he told reporters in Iowa, as reported by Newsweek. "No, the dollar's doing great."

The greenback underwent a sustained slump over the first weeks of 2025. Michael Conno...