UEFA cites fall in US dollar last year for $55 million loss in accounts
Bogdan Hofbauer
GENEVA (AP) — The fall in the U.S. dollar value last year cost UEFA about $55 million. The dollar value dropped about 9% against a range of foreign currencies in the first months of 2025, which economists linked to investors’ waning confidence in the U.S. under President Donald Trump, who returned to office last January. UEFA cited “economic, market and geopolitical dynamics” and a “sudden weakening of the U.S. dollar” for driving the foreign exchange losses which accounted for the loss in its
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