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The dollar surged this month against its peers in developed and emerging nations as persistently high inflation in the US bolstered bets for more aggressive Fed rate hikes
The rupee gained ground early on Tuesday even as the dollar firmed but remained below its two-decade peak
Precious metal analysts are upbeat that the growing threat of a global recession would continue supporting gold prices
Both overseas and domestic investors fear a weakened Chinese currency against the US dollar and diminishing returns on investments in Chinese markets.
One of the biggest challenges presented to corporate America this earnings season was a strong dollar.