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Bloomberg markets/Emerging Markets Hear the Mighty Dollar Roar 본문
Bloomberg markets/Emerging Markets Hear the Mighty Dollar Roar
By Marcus Ashworth
September 11, 2018
Emerging countries are suffering from currency depreciation while US dollar has been stronger and stronger. The situation will be severe as US dollar is expected even stronger followed by strong domestic economy. Emerging countries such as Turkey, who have been impacted the most during trade war between the U.S. and China, needs to work hard to defense their economy. For example, Turkey can increase the interest rate by the central bank, Argentina would rather focus on the fundamental growth and South Africa must solve the political problem first. The issues are tangled many layers, but all need to prepare strong dollar era.