From Indonesia to Japan, dollar's rising strength raises global alarm

TOKYO -- Countries across the globe are becoming increasingly wary of the growing might of the U.S. dollar. Emerging economies such as Indonesia have begun to move to defend their currencies against the possibility of renewed inflation and downward pressure on growth through higher import prices.

The negative impact of the dollar's predominance on the global economy is likely to be one of the main themes at the Group of 20 of meetings finance ministers and central bank governors, which opens on Wednesday in Washington.