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The appreciating dollar poses risks to currencies issued by emerging economies that are having difficulty fighting off the resurgent coronavirus.
Datawatch

Who's in trouble, the US dollar or emerging economies?

Fed's upcoming moves and success against the virus will determine the answer

TAKUMI TAMURA, Nikkei staff writer | U.S.

TOKYO -- The U.S. dollar has surged on the country's steep economic rebound, in a trend that threatens emerging economies struggling with the resurgent COVID-19 pandemic. 

The theoretical value of the dollar noticeably fell after the U.S. government began to write checks to help Americans through the pandemic, causing its debt to swell. But the market changed direction earlier this year.

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