U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration
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Among the souvenirs still available from the US election campaign is a "2016 Trump Dollar," a commemorative silver coin bearing the face of the president-elect on one side and "Vote Non Politician" on the other. While the Trump Dollar costs $70, the value of the real currency has surged to the highest in 13 years against a basket of rivals.For a man as brazenly self-confident as Mr Trump, a strong dollar might be welcomed, to be worn as "a badge of honour – a signal of global confidence in Trumpism," said Alan Ruskin, a currency strategist at Deutsche Bank. Certainly no one needs to talk up the dollar in the current climate.That raises the anxiety that had been keeping the dollar at bay for the first half of the year: concerns at the Federal Reserve about the negative feedback loop of a strong dollar on the health of the economy.For one thing, the Fed may be more relaxed about dollar strength than previously.set to persistSo Mr Trump may live with the strong dollar for two reasons.
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