Author: Admin

Finance ministers from around the world convened in Washington this week, grappling with a pressing concern: the soaring value of the U.S. dollar against major currencies is posing challenges for economic policymakers worldwide. The surge in the dollar’s value is of significant consequence. As it strengthens, other major currencies weaken, exacerbating inflationary pressures in countries already struggling to contain rising prices. Moreover, dollar-denominated debts held overseas, particularly prevalent in emerging markets, become increasingly burdensome, constraining economic activity. This situation prompts difficult decisions in some nations regarding whether to intervene to support their currencies in a bid to stem capital outflows,…

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