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As the Dollar Strengthens, the Impact on Trade Could be Significant

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

The dollar’s rebound against the euro and other currencies in the last year has helped to strengthen export values, but it’s also raised the cost of imports and the specter of inflation in the U.S. economy. The dollar has risen to about $1.24 to the euro compared to $1.09 a year ago and $1.05 at…

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