Among the many challenges confronting investors this year is the dizzying rise of the US currency.
Year to date, the Dollar Index - a measure of the currency’s strength against a basket of rival currencies including the euro (EUR), Japanese yen (JPY) and British pound (GBP) – stood at the 103 mark as of 13 March 2023, down over one percent since August 2022, but still remains four percent higher compared to the same time last year.