Over the past year the real trade-weighted dollar index has appreciated 6.88% because of a combination of interest rate differentials, strong growth and expectations of reduced regulation, lower taxes and increased government spending. With these trends showing no sign of easing, the greenback will ... READ MORE >
external debt
Servicing external debt in a strong-dollar environment
Strong U.S. economic growth, the advent of industrial policy and the arrival of expansionary fiscal policy next year have all caused the greenback to soar in value recently, with more increases on the way. But the dollar’s strength is coming at price for emerging markets, which must pay more to service ... READ MORE >