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THE FED’S INTEREST RATE CUT AFFECTS THE DOLAR. SHOULD INTERNATIONAL TRAVELER BE WORRIED?

The Federal Reserve cut its key interest rate by a significant half point on Wednesday, continuing its first rate cut in four years. As a result, the value of the dollar abroad decreased slightly. However, if you are planning to go abroad soon, you do not need to run to the nearest exchange office. Because the rate cut has long been predicted, it is largely priced into the value of the dollar in...

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