That's not true, there are various factors that determine currency valuation. You can have high interest rates, but if the market believes you are going to inc

That's not true, there are various factors that determine currency valuation. You can have high interest rates, but if the market believes you are going to increase the money supply, that may not be enough to stop depreciation. That's why debt monetization through QE without QT is such a dangerous game. Interest rates in the US right now are higher in the Eurozone, yet the dollar has depreciated against the Euro. Lastly, while it is possible that the dollar will not depreciate against other currencies, currencies will still depreciate against assets.