Steven Mnuchin, US Secretary of the Treasury, said at the World Economic Forum in Davos, Switzerland last week that he does not concern himself thinking about dollar weakness over the short term. His remarks helped to send the dollar lower against major currencies. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Wilting US dollar may derail the boom in emerging markets

Continued interest rate increases by the Federal Reserve could spark a U-turn for the weakening US dollar, ending the fund flows that have turbocharged emerging markets

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Steven Mnuchin, US Secretary of the Treasury, said at the World Economic Forum in Davos, Switzerland last week that he does not concern himself thinking about dollar weakness over the short term. His remarks helped to send the dollar lower against major currencies. Photo: Reuters
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