Its 20-month high against the dollar makes exports from the Eurozone countries more expensive when they arrive in the United States and countries whose currencies are linked to the dollar.
True, the weakening of the dollar has been a boon to developing countries, like Brazil, with big dollar-linked debts.
As the value of the dollar erodes, other countries respond with their own currency manipulation.
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As the inflationary costs of maintaining their link to the dollar grow, Asian countries may shift to more flexible regimes.
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Whether leading multi-billion-dollar companies, governing countries, shaping the cultural fabric of our lives, or spearheading humanitarian initiatives, collectively these women are changing the planet in profoundly powerful and dynamic ways.
Since China and Malaysia peg their currencies to the dollar, and many other Asian countries track it closely, Japan and the euro area would bear the brunt of the dollar's fall.
None of these governments yet understand that if the dollar were to collapse, new customers would be instantly created in those countries whose currencies appreciate against the dollar.
We then ranked these 28 countries by the dollar's value in local currency, and by airfare.
But a US dollar goes further in some countries than in others.
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Given this viewpoint, Merk says that the euro might be a better investment than the U.S. dollar based on how these countries handle their deficits.
One thing that restrained the Fed in the 1930s was the fear that rate cuts might cause capital to flee to other countries and the dollar to crash.
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The U.S. committed to exchange for gold dollars held by foreign central banks and Treasuries (governments) while other countries used their dollar reserves to peg (i.e. manipulate) their currencies to the dollar.
But most of the investors choosing emerging market debt are buying bond funds with local currency debt, rather than buying the sovereign or quasi-sovereign dollar denominated bonds that foreign countries like Brazil also issue.
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The surprise announcement that came out of those meetings, of a massive trillion-dollar rescue plan for troubled European countries brought instant relief.
Brazil's President Dilma Rousseff raised the tenor of the protectionist debate when she accused Washington of driving down the value of the U.S. dollar to the detriment of developing countries.
That may seem a tall order, but with a competitive dollar and favourable growth in other countries, exports in which America already excels, such as high-value manufacturing and services, should do well.
The weaker dollar led to stronger currencies in countries like Brazil and Russia, with Brazil in particular blaming a lot of their inflation problems on loose monetary policies in the U.S. and Europe.
This same month, news broke that Royal Dutch Shell, along with the Panalpina Group, which has 14, 000 employees in more than 80 countries, face multimillion dollar fines in a case that could set new standards for overseeing foreign contractors.
These days her company, Dermalogica, is a multi-million dollar business with offices in over 50 countries around the world.
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Is he bothered by the peg of the yuan to the dollar, something a good number of countries similarly pursue?
In the past, they were linked to gold, just as dozens of countries link today to the dollar or euro.
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But as the IMF points out, the currency's primacy arises at least partly because China and other emerging countries have chosen to accumulate dollar reserves.
Even so, the country's plight ought to give pause to those who preach that Latin American countries should eagerly adopt the dollar, whatever their circumstances or trading patterns: green-backed does not necessarily mean copper-bottomed.
When other countries decided to fix to the dollar under this regime after 1945, we got the fabled era of global postwar prosperity.
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In the 25 years to 1998, non-Japanese Asian currencies typically fell against the dollar, and over the same period their countries mainly ran current-account deficits, not surpluses.
ECONOMIST: A further steep decline in the dollar seems inevitable
As a result, all the developing countries have their foreign exchange reserves in dollar-denominated assets.
Britain has announced plans for a multi-million-dollar fund to ensure every child in the Commonwealth countries receives a basic education.
Yields on sovereign debt issued within Indonesia, the Philippines and other Asian countries are significantly higher than yields on dollar-based bonds.
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