In the past, in the process of the upward movement of the US dollar, the exchange rate of the US dollar against emerging market economies and the exchange rate of the US dollar against developed economies went up simultaneously.
In this round of rapid upward movement of the US dollar index, the performance is different, and the exchange rate of the US dollar against emerging market economies is basically stable. Recently, in the process of accelerating the upward breakthrough of 100, the dollar has also depreciated against some emerging market economies, especially the currencies of energy countries.