Dollar's surprising strength is Asian economies' weakness

Investors are pulling money out of emerging markets and stashing it in the US

William Pesek

March 23, 2020 03:00 JST

20200319 dollar banknotes Jakarta.jpg

Demand for the dollar is running ahead of Fed stimulus moves. © Reuters

On any list of things that make little sense in these disorienting, pandemic-obsessed times, the U.S. dollar's strength deserves prominent placement.

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