Why is the USD so strong?
Description
Episode 7: Today on your weekly dose of market and finance news brought to you by Gabi Joubert, Global Strategist at Inter&Co: * * the strength of the US dollar and how it has appreciated against other currencies * *
Gabi had to cover this topic this week given the surge the US dollar had and what it means for Americans, hint: if you and your friends want to do a eurotrip, this is the time.
As for finance 101, she explains what are the exchange rates, talks about the Big Mac index by The Economist and more.
00:00 - Intro
02:06 - #HotGirlSummer + currencies and exchange rates
03:10 - The Big Mac Index by The Economist
03:58 - The strongest currency in the world: Kuwaiti Dinar
04:33 - The strength of a currency
05:42 - The US dollar
06:40 - The US dollar vs Brazilian real