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Why is the U.S. dollar so strong?

Por: Portland Press Herald World September 30, 2022

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Nearly every major currency has lost ground against the U.S. dollar this month, an offshoot of the Federal Reserve’s campaign to rein in inflation through higher interest rates. For Americans, a stronger dollar means cheaper imports and trips abroad. But it can also weigh on other economies, especially in the face of global conflict, because most commodities are priced in dollars, making necessities like oil and wheat more expensive. The same... + full article



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