Posted inBank of England Bank of India Bank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Federal Reserve System Government Bonds Interest Rates International Trade and World Market Reserve Bank of India Setser, Brad W US Dollar (Currency)
A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies.