The U.S. dollar has declined by more than 10 percent this year. Is the fall just a normal fluctuation, or is it a sign of something much more worrying? How seriously should we take threats to the dollar’s dominance as the world’s reserve currency? Economist Kenneth Rogoff shares more. Rogoff is a former chief economist of the International Monetary Fund and the author of Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance, and the Road Ahead.

Kenneth Rogoff: How Low Can the Dollar Go?

Ravi Agrawal: What the Dollar’s Decline Reveals About America

Foreign Policy magazine’s Summer 2025 Print Issue

Peter Coy: Trump’s Trade Contradictions Come Home to Roost

Keith Johnson: America’s Economic Warfare is Sowing Its Own Demise

Jared Cohen: Don’t Bet Against the Dollar

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