Strong dollar wins the inflation battle in new spin on currency wars

REUTERSPremium
REUTERS
 wsj 4 min read . Updated: 15 Jul 2022, 03:58 PM IST JAMES MACKINTOSH, The Wall Street Journal

There is a reverse currency war, and America is winning. Again. Just as the U.S. “won" the fight to devalue the dollar after the 2008 financial crisis, now it is winning the fight to strengthen it.

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