TOKYO -- High inflation-adjusted interest rates have fueled the dollar's rise against its peers and made the U.S. currency a target for yield-hungry investors.
Greenback steals yen trade from Aussie dollar, other high-yield favorites
The overall value of the dollar has risen 3.7% since March 2022, according to a Nikkei index. © Reuters
TOKYO -- High inflation-adjusted interest rates have fueled the dollar's rise against its peers and made the U.S. currency a target for yield-hungry investors.