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.
Not only underdeveloped countries, developed countries also feel the impact because debt continues to increase due to the rise in the dollar. I imagine even 10 cents if the debt to the US is billions of dollars then the country will be harmed. Therefore, there must be a change to not be dependent on the dollar. Our country's currency is getting weaker and finally the government is starting to raise taxes on the public. In the end, we are the ones being sacrificed, but there are several steps such as reducing imports, increasing local products, MSME must continue to be supported so that the government can minimize problems.
It is clear that underdeveloped countries cannot be helped anymore, plus the economic crisis is getting worse, it is even more difficult because their natural resources are not reliable, poverty, unemployment and crime rates are increasing.