Large fall in US dollar could trigger global recession shock: Report

Mumbai (Maharashtra) [India], February 4 (ANI): A sharp and sustained fall in the US dollar against other major currencies could turn into a recessionary shock for the global economy outside the United States, according to an analysis highlighted in a report by BofA Securities.

The report explained that a sharply weaker dollar would likely slow growth in the rest of the world. As global growth outside the US weak