About this work
A strong dollar does not affect every Latin American economy in the same way. Differences in production, policy, external debt and trade determine how currency movements transmit across the region. The analysis also considers how carry trades and the geopolitical use of the dollar can amplify pressures, making adaptation to dollar dominance a continuing policy challenge.
Abstract
A strong dollar does not affect every Latin American economy in the same way. Differences in production, policy, external debt and trade determine how currency movements transmit across the region. The analysis also considers how carry trades and the geopolitical use of the dollar can amplify pressures, making adaptation to dollar dominance a continuing policy challenge.
Cite this work
Marcello Estevão, Martín Castellano, Jonathan Fortun (2024). Global Macro Views: Dollar Dominance Effects on LatAm. Institute of International Finance.