(MENAFN) With looser monetary strategies to assist economies, global loans hit USD300 trillion at the end of the first quarter of the current year, whereas the dollar index grew by 8 percent.
Administration incentives to families and vulnerable sectors at record levels to recover decreasing demand due to the epidemic in the international economy resulted in a large increase in public debt.
Since the commencement of the Russia and Ukraine conflict on February 24, supply chain difficulties have worsened, disrupting international trade, which was already hampered by the epidemic.
The dollar was strengthened during this process as investors sought safe havens in an atmosphere of rising inflation and interest rates.
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