The term superdollar is sometimes used to refer to a period of extreme strength of the United States dollar, relative to other currencies, particularly in the 1980s.[1][2] This period ended when the G7 countries, concerned about the American trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the Plaza Accord.
![](http://upload.wikimedia.org/wikipedia/commons/thumb/d/d4/US_Dollar_Index_DXY.webp/400px-US_Dollar_Index_DXY.webp.png)
US Dollar Index (DXY)
USD/Canadian dollar exchange rate
USD/JPY exchange rate
USD/SEK exchange rate
USD/CHF exchange rate
References
edit- ^ Cooper, James C. & Kathleen Madigan (2002-03-11). "U.S.: There's a Cloud inside That Silver Lining". BusinessWeek. Archived from the original on March 10, 2002. Retrieved 2008-03-04.
- ^ Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)