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Dollar rising.
With the dollar rising and the euro falling, pegging countries have to follow suit.
It rallied against the dollar, rising to 97.48 cents from 96.55 cents on Tuesday.
The Chinese renminbi, meanwhile, accelerated its appreciation against the U.S. dollar, rising some 6.5% over the course of the year.
On both occasions a weaker dollar, rising oil prices and a "decoupled" world economy made America's central bank more hawkish.
Now, with Europe's economy in trouble and the dollar rising, she is worried that international travel will also fall sharply.
Similar(30)
The dollar rose.
The dollar rose to.
The dollar rose against European currencies.
The dollar rose against major European currencies.
The dollar rose, making imported wines cheaper.
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