Wednesday, March 18, 2015

Quick Note # 3: A Prequel to My Sunday N& O Column -- Casualties of the Strong Dollar

Quick Note # 3: A Prequel to My Sunday N& O Column -- Casualties of the Strong Dollar

Neil Erwin of The New York Times has written an excellent article on the dire consequences to some emerging market companies who borrowed money in dollars instead of local currency.[1]    This Sunday my column in the News & Observer will discuss currency risk and consequence for U.S. investors who have invested their money overseas.  Meanwhile, Mr. Erwin’s article is a great way to understand a growing investment problem.





[1] http://www.nytimes.com/2015/03/17/upshot/how-a-rising-dollar-is-creating-trouble-for-emerging-economies.html?_r=0&abt=0002&abg=0

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