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๐ A Strong U.S. Dollar Weighs on the World
Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.
With the yen recently reaching ยฅ160/dollar, rates not seen since 1990, it feels like a dream when a dollar was ยฅ110. I hope (and have been hoping for 18 months now, so not getting my hopes up) the rates become a bit more manageable. Tiny jars of peanut butter shouldn't cost ~ยฅ600.