Actually have come to understand the fact that when ever dollar increases it may likely cause the depreciation of other currencies in underdeveloped countries. Particularly this might make this underdeveloped countries to be very poor. It can also make them not to engage in the global market of trading, because their currencies can not meet up to this increase in dollar. I think it’s really a global issue that needs to be addressed in order to help this underdeveloped countries.
When countries have signed memorandum here and there to settle trades in dollars, inflation is what the suffered from later. Undeveloped countries don't have high volume of exportation, they import most of the things the unused and because this settlement are done in US dollars, they struggle and fight other means to get dollar liquidity and this weaken their own currency because there is no demand due to low exportation. As long as this slavery OF dollarization continues, the economy will continue to suffer particularly the inflation.
Under developed and developing countries need to find ways to pay for item not only for dollar but other currency and if they want to make sure that their currency is strong, their fundamental consumption should be on their local products and not dependent on foreign goods to reduce importation and encourage exportation.