Dollar Rally and Strength Puts High-Population Asian Emerging Market Economies at Greater Risk
Posted on 07/17/2022
As the U.S. Federal Reserve tightens, the U.S. dollar continues to rise against Asian and emerging market currencies. The U.S. dollar had its strongest first half performance in over a decade. The euro traded below parity with the U.S. dollar for the first time since 2002. Before the global financial crisis, the euro and the…