[theold]

The Centre and the Reserve Bank of India (RBI) have been taking steps to attract capital inflows so the rupee’s depreciation against the dollar is smooth and gradual, government officials said. They pointed out that the dollar has strengthened against other currencies too, as global investors have become cautious, and the weakening of the rupee isn’t due to any problems with the Indian economy.

“The strength of the US dollar against the Indian rupee cannot be viewed as an isolated case”, said one official. “It is just part of the strength of the US dollar globally, against all currencies — developed or emerging.”

https://island.lk/us-dollar-strengthens-...urrencies/

[RiseofAsia]

This action can work. Dont use USD…

https://www.lowyat.net/2022/279218/south...LTsUclmC3I&

[sgbuffett]

They printed q few Trillion and US$ still stronger than ever.

[theold]

After printing, now it is rolling backwards to reduce inflation. Taking the money out from the system.

[kokee]

moronic china dump ton of their USD treasury in early this yr.
not only huge lost in exchange rate, also interest income with US keep hiking rate fast & steep now!
This yr china deficit is around $6 trillion, china need to print ton more.
those with debt most afraid is high interest rate!
so US can hike so much rate yet china cant, so who has more debt?
china has ton of USD debt to settle, now short of USD, that is why many china company defaulted their USD bond in last few quarters like evergrande.
nice!

[Omnipresent88]

moronic china dump ton of their USD treasury in early this yr.
not only huge lost in exchange rate, also interest income with US keep hiking rate fast & steep now!
nice!

Karma bankrupt loser kokee 


Who let the slave kokee out woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof 


https://media.tenor.com/images/ea22762db.../tenor.gif 
Karma kokee

[theold]

The Dollar Is Extremely Strong, Pushing Down the World

Analysts at Bank of America estimated that more than half the rise in the dollar this year could be explained by the Fed’s comparatively aggressive policy alone.

Likely to be most affected are countries where dollar debt represents a large portion of their gross domestic product. Paying interest to creditors in dollars has become particularly difficult for countries with rapidly depreciating currencies like Argentina and Turkey, especially as interest rates on any new debt will also go up. In some cases, including for Sri Lanka, it has become seemingly impossible.

The Russian ruble, perhaps surprisingly, has been one of the best-performing currencies against the dollar this year.

https://www.nytimes.com/interactive/2022...nvestments.

https://static01.nyt.com/newsgraphics/20...ex-600.png

Many companies and governments abroad borrow in dollars, and the currency’s strength is a big problem. This is particularly true for poorer countries attracted to dollar-denominated debt as an alternative to less developed local markets.

[RiseofAsia]

They printed q few Trillion and US$ still stronger than ever.

Never fight the trend….
I have already bought some USD at the moment.
I believe this rate hike will be about the same as the 80s… At that time, US still doesnt have 30T debt.
The end game is near.

Which currency will later replace USD as World reserve currency.

Rate hike
5%, 1.5T interest
10%, 3T interest
Scary Sia!

[Omnipresent88]

all the know nut comie dogs here bark all brainless here to buy RMB & RMB asset 7/24 here, have all these morons bought? above comie dogs bought USD itself instead when USD chiong to sky!!
all these comie liars here yet all these brainless support them because of skin xxxxx, real brainless.
all these slavery mindset due to brainwash!!

Bankrupt loser kokee talk about money 


Who let the slave kokee out woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof

https://media.tenor.com/images/980ce79b2.../tenor.gif 

Bankrupt kokee

[kokee]

moronic china dump ton of their USD treasury in early this yr.
not only huge lost in exchange rate, also interest income with US keep hiking rate fast & steep now!
This yr china deficit is around $6 trillion, china need to print ton more.
those with debt most afraid is high interest rate!
so US can hike so much rate yet china cant, so who has more debt?
china has ton of USD debt to settle, now short of USD, that is why many china company defaulted their USD bond in last few quarters like evergrande.
nice!

all the know nut comie dogs here bark all brainless here to buy RMB & RMB asset 7/24 here, have all these morons bought? above comie dogs bought USD itself instead when USD chiong to sky!!
all these comie liars here yet all these brainless support them because of skin xxxxx, real brainless.
all these slavery mindset due to brainwash!!