# Explainer: What dollar index really is and when to track it - CNBC TV18

> An explainer describes the US dollar index, which measures the dollar against six major currencies, and notes it has touched 20-year highs after a third 75-basis-point Fed hike. The article covers the index's composition and its link to the rupee.

- Date: 2022-09-26 · published 2022-09-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/39856-explainer-what-dollar-index-really-is-and-when-to-track-it-cnbc-tv18
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A strong dollar index makes dollar-denominated grains, meal and oils more expensive for buyers outside the US, which tends to weigh on export demand and prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-09-25 | [Explained: Why is dollar index rising and how will it impact India's stock market - CNBC TV18](https://feedsoft.ai/events/51382-explained-why-is-dollar-index-rising-and-how-will-it-impact-india-s-stock.md) | -0.7% | -2.2% |
| DXY | 2018-06-22 | [Why the Aussie dollar is plummeting, and what to do](https://feedsoft.ai/events/64776-why-the-aussie-dollar-is-plummeting-and-what-to-do.md) | +0.2% | -0.3% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| DXY | 2016-11-16 | [Dollar index rises to 14-year high, pullback expected](https://feedsoft.ai/events/8332-dollar-index-rises-to-14-year-high-pullback-expected.md) | +0.6% | -0.0% |
| DXY | 2026-04-29 | [US Dollar Index Extends Rebound](https://feedsoft.ai/events/19917-us-dollar-index-extends-rebound.md) | -0.1% | +0.3% |

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/dollar-index-20-year-high-usd-inr-explained-what-dxy-is-14791081.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.