New Delhi, April 11 -- The US dollar index, which measures the greenback against six major peers, extended its decline to the fourth straight session on Friday, April 11, tumbling 2% to slip below the 100 mark for the first time since July 2023, reaching 99.02. With today's fall, the US dollar has lost 4.21% of its value so far in April and is down 9.31% from its January peak of 110.

Investor confidence in US stocks appears to be weakening, as evidenced by the sharp sell-off seen in recent weeks, which has pushed benchmark indices into bear market territory. US President Donald Trump's aggressive tariffs on trading partners have raised fears that the US could face significant economic consequences, potentially slipping into a recession....