New Delhi, Aug. 14 -- The value of the US dollar against other currencies dropped about 11 per cent in the first half of this year as per the Morgan Stanley report. The report noted that the US dollar ended the first half of 2025 with its biggest loss since 1973. The dollar index, which measures the greenback against the basket of currencies of the US's major trading partners, fell about 11 per cent from January through the end of June. David Adams, head of GIO FX strategy, Morgan Stanley, said, "We're likely at the intermission rather than the finale. The second act for the dollar's weakening should come over the next 12 months, as US interest rates and growth converge with those of the rest of the world." The Morgan Stanley report also ex...