The US Dollar And Why Emerging Markets May Not Defend Their Currencies

In this short video we explain that the dollar is not rising dramatically. It is in fact within the range of the past five years.

The US Dollar And Why Emerging Markets May Not Defend Their Currencies

Furthermore, we explain why emerging markets are unlikely to defend their currencies.

US dollar-denominated debt has risen dramatically and they need to maintain their foreign exchange reserves at all costs, therefore defending the currency is not a priority.

The US Dollar And Why Emerging Markets May Not Defend Their Currencies

(chart courtesy IIF)

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Bloomberg, CNN, Hedgeye, Epoch Times, Mises Institute, BBN Times, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.