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Tuesday, July 28, 2015

Watch out: Strong U.S. dollar could trigger a currency crisis - Jul. 28, 2015

The U.S. dollar is getting too strong for some countries. Early warning signs suggest another emerging markets currency crisis.



Brazil's currency, the real, hit a 12-year low Monday. Currencies in Southeast Asia are at their worst points since the region's last financial crisis in the late 1990s. Mexico and South Africa's exchange rates are at their lowest levels ever compared to the dollar, according to Capital Economics.



Watch out: Strong U.S. dollar could trigger a currency crisis - Jul. 28, 2015

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