New Delhi, June 30 -- The US dollar, the most powerful currency in the world, has had a tough period as it has been on a steady declining trend, ever since Donald Trump took office in January 2025. It has ended the last five months in the red and is on track to close the current month lower as well, a rare occurrence for the greenback, which hasn't seen a six-month losing streak in recent decades.

The world's reserve currency has fallen nearly 11% over the past six months against a weighted basket of major currencies. On Thursday, it dropped below the 97 mark, hitting its lowest level since February 2022.

Global demand for the US dollar appears to be weakening, as major central banks and non-US investors are showing less interest in dol...