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Dollar Cost Averaging is a strategy to invest a fixed amount of money regularly, reducing the impact of
market volatility. The cost of each dollar invested varies over time. Recently, the US dollar hiked to Rs 305 in the open market, as reported by Geo News. The strength of the US dollar is attributed to various factors, including a robust economy, safe-haven status, and global demand for US assets. These factors make the dollar a popular choice for investors and contribute to its appreciation.
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