Legendary investor Jim Rogers sees the dollar rebounding in the short-term but remains bearish about its long-term prospects.
The greenback has dropped to 14-month lows recently.
“Everybody in the world has become more and more skeptical about the dollar,” he told the Financial Times.
“The Chinese, the Russians, everybody realizes now that there’s a problem. The dollar’s a terribly flawed currency.”
But Rogers has bought dollars during the past three months in expectation of a rebound. (more)
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