Why is the US dollar so powerful? Why is the US dollar so powerful? Spread the love We may earn a commission if you click on the links within this article. Learn more. Related TopicsThe pressure of foreign debt payments is increasingDateAugust 6, 2023Chinese ambassador proposed trading in local currencies, not US dollarsDateJanuary 30, 2024Major US dollar faces challenge from emerging currenciesDateApril 26, 2023