The strong dollar environment is particularly worrying for those EMs with large dollar debts, including parts of Latin America, Turkey and many frontier markets. But it’s also a concern for countries with large current account deficits (including parts of Central Europe). More broadly, at the margin, it may extend EM central banks’ tightening cycles a little further.
Become a member to read more
This is premium content that requires an active Capital Economics subscription to view.
Already a member?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services