Browsing Category
Business
3446 posts
How rising US interest rates could cause currency volatility in emerging markets
Quoc Dat Tong highlights the complex link between US interest rates and emerging markets. The US dollar’s global dominance, amplified by interest rate hikes, challenges EMDEs with rising borrowing costs, debt pressures, and financial volatility. These effects, intensified by geopolitical tensions, threaten economic stability, especially in Asia’s dollar-tied economies.
