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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 408.23+2.3%Dec 22 4:00 PM EST

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To: Elroy Jetson who wrote (108808)12/7/2014 7:37:49 AM
From: Haim R. Branisteanu  Read Replies (2) of 218679
 
Bank for International Settlements sounds alarm over dollar

Claire Jones in Frankfurt and Sam Fleming in London

Global financial policy makers have sounded the alarm about the impact of a resurgent US dollar on emerging markets, where companies have racked up large debts denominated in the American currency.

The Bank for International Settlements, known as the central bankers’ bank, warned on Sunday in its Quarterly Review that a prolonged rally in the dollar could expose financial vulnerabilities in emerging markets by damaging some companies’ creditworthiness.

ft.com
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