Coronavirus affects US economy

Coronervirus has affected the global economy, where one of the affected economies is that of the United States.

American cartons are expected to take a drastic decline because of the world-infested virus. This decline is thought to be the largest week since 1987.

The dollar index showed a weekly drop by nearly 4 5%.

The request for the dollar was frozen after an extraordinary week on Wall Street and the FED leader's promises will be poured out without account, to support a completely stuck economy in the country”, Joe Manimbo, from Western Union, said.

U.S. Central Bank President Jerome Powell said yesterday that the institution would continue to provide pre-x0> aggressively” to combat the economic impact of the COVID-19 epidemic.

The US is since yesterday with the largest number of cases of COVID-19, officially declared, with more than 99,000 cases and 1,475 deaths.