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The US dollar has strengthened as investors react to higher oil prices and expectations of another Federal Reserve rate increase.
Why the dollar is rising
Reuters reported that the dollar gained as higher Treasury yields and geopolitical risk increased demand for safer assets.
Pressure on emerging markets
A stronger dollar can raise the local-currency cost of fuel, imports and dollar-denominated debt, especially in countries already facing higher energy costs.
Source: Reuters, September 15, 2026.
