How Will A Strengthening Dollar Affect Emerging Markets?
Posted by Robin Powell on December 9, 2021
The US dollar has been strengthening, and commentators are predicting that it will strengthen further. The Federal Reserve is expected to raise interest rates, and higher rates are generally seen as a boon to the greenback, because they increase its attractiveness against other currencies.
Another big factor is the long-awaited tapering of the Fed’s quantitative easing programme. So what will tapering mean for emerging stock markets? BENEDEK VÖRÖS from S&P Dow Jones Indices has been looking at what happened when then-Fed Chairman Ben Bernanke revealed plans to taper QE in 2013, and what, if anything, that tells us about the likely impact on emerging markets this time.
“The dollar is our currency, but it’s your problem.” — former U.S. Treasury Secretary John Connally
When John Connally uttered the famous words above 50 years ago at a meeting of major finance ministers in Rome, it was just three months after the U.S. had unilaterally dismantled the post-World War II global monetary system known as Bretton Woods. The “problem” Connally referred to was a rapidly depreciating U.S. dollar, which threatened the competitiveness of exporters based in the U.S.’s main trading partners.
In the decades since, however, developing countries have faced the opposite challenge. Time and again, a bout of U.S. dollar strengthening has triggered turmoil in emerging economies that predominantly borrow abroad in foreign currencies, usually U.S. dollars. Thus, a strengthening U.S. dollar has increased emerging markets’ debt burden, depressing consumption and economic growth, and consequently leading to dismal domestic equity market returns.
The last such instance was triggered in May 2013, when then-Federal Reserve Chairman Ben Bernanke revealed plans to wind down the Fed’s gargantuan quantitative easing program, setting off a so-called “taper tantrum”: bond yields surged around the world, ex-U.S. stock prices tumbled, and a soaring greenback put severe strain on emerging market economies worldwide.
To continue reading, please go to the original article here:
https://www.evidenceinvestor.com/how-will-a-strengthening-dollar-affect-emerging-markets/
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR Update as of Wed. 4 Nov. 2026
Compiled Wed. 4 Nov. 2026 12:01 am EST by Judy Byington
FRI. 30 OCT 2026 — THE GCR PUBLIC ANNOUNCEMENT …John F. Kennedy Jr. on Telegram Tues. 3 Nov. 2026
• The Global Currency Reset (allegedly) moves from “logged” to “announced.” Not leaked. Not rumored. Announced. The rates are(allegedly) published. The rates are (allegedly) final
Reset Intelligence: Iraq Puts Its Budget to a Vote.
By Reset Intelligence | @EXIT_FIAT
Iraq's cabinet is reported to be meeting in an extraordinary session on Saturday with one item on the table: the 2027 budget. A source inside the governing alliance says it could slip to early next week. It is the first full budget Iraq has put to a vote since 2023.
In early September the government promised a vote within the month and a deficit no bigger than 3%. The bill arrives 2 months late. Its deficit is reported near a fifth of everything it spends, and it converts oil dollars at 1,500, the rate the Central Bank has used since October 7.
Oil Drops As Markets Await US Election Results
2026-11-04 Shafaq News Oil prices slipped in early trade on Wednesday as investors awaited the results of the US midterm elections and their potential impact on peace talks in the Middle East, even after industry data showed US crude stocks unexpectedly fell last week.
Brent futures fell 26 cents, or 0.25%, to $103.34 a barrel by 0157 GMT. US West Texas Intermediate crude futures fell 53 cents, or 0.55%, to $95.56.
Good Morning Dinar Recaps,
GLOBAL TECHNOLOGY RESET WATCH: CHINA WARNS AI INVESTMENT BOOM IS BECOMING TOO CONCENTRATED
China’s financial regulator warns that the rapid flow of capital into artificial intelligence could increase financial risks while making it harder for traditional industries to obtain the funding they need to grow.
Trustee Guides Dynastic Elders Into A Crypto Future - briefing #230
whitehatauxiliaries September 14, 2026
Greetings, once again, citizens:
One quarter of the Century has passed and we have witnessed some significant technological transformations. From self-driving cars to self-landing rocket stages, to instant financial transfers, to Only Fans burlesque… the way in which we do things, from the important to the licentious of pursuits, has changed in significant ways.
Gold Below $4,000, Silver Below $50: What's Really Happening? | Andy Schectman
Liberty and Finance: 11-3-2026
Andy Schectman returns to Liberty and Finance to explain why the recent plunge in gold and silver prices may be hiding a much bigger shift in the global financial system.
Despite gold falling below $4,000 and silver below $50, physical deliveries on COMEX continue at extraordinary levels, while central banks and major institutions accumulate precious metals.
TNT:
Tishwash: The Iraqi government will hold an extraordinary session on Saturday to vote on the 2027 budget.
A government source reported on Tuesday that the Iraqi cabinet will hold an extraordinary session next Saturday, chaired by Prime Minister Ali al-Zaidi, to vote on the draft general budget law for 2027.
The source told Shafaq News Agency that the session will be dedicated to voting on the draft budget, in preparation for sending it to the House of Representatives for a vote before the end of this year.
The Ministry of Finance had referred the draft 2027 budget law to the Ministerial Council for the Economy on September 27, after completing its preparation stages, before the Council approved it and referred it to the Cabinet.
"An Extraordinary Session To Finalize The 2027 Budget"...
The Al-Zidi government is preparing to vote on the draft budget next Saturday in preparation for sending it to Parliament before the end of the year
Baghdad - One News - 11/03/2026 A government source reported that the Cabinet will hold an extraordinary session next Saturday, chaired by Prime Minister Ali Faleh al-Zaidi, to vote on the draft federal general budget law for 2027, in preparation for referring it to the House of Representatives for approval before the end of this year.
Central Banks Buy Gold at Fastest Pace Since 2024, WGC Says
Jack Ryan Tue, November 3, 2026
(Bloomberg) -- Central banks bought gold at the fastest pace since the end of 2024 in the third quarter, even as the metal faced pressure from higher oil prices and interest rates.
The institutions accumulated a net 321 tons in the three months through September, the World Gold Council said in a report on Tuesday. After a slow start to 2026, that brought the estimate for year-to-date buying to 675 tons, slightly ahead of the same period a year earlier.
How Wall Street Analysts Think The Midterms Could Affect The Stock Market
By Mary Cunningham November 3, 2026 CBS News
The midterm elections could reshape Congress as lawmakers grapple with persistent inflation, high energy prices and rising fiscal debt. For investors, by contrast, the political outcome could deliver a boost.
Data from financial firm Edward Jones shows that the S&P 500 stock index rose an average of 1.7% in the month after the last 14 midterm races, dating back to 1970. In the six months following midterm elections, S&P returns averaged 15.5%.
KTFA
Tuesday Night Video
FRANK26…11-3-26….THE 7th
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Stern Drew: Warren Buffet Warns that the US Dollar is on the Brink of Collapse
11-3-2026
WARREN BUFFET WARNS THAT THE US DOLLAR IS ON THE BRINK OF TOTAL COLLAPSE
He’s sitting on a record $380 BILLION IN CASH, not investing a single dollar because he says the stock market has turned into a CHURCH WITH A CASINO ATTACHED and he no longer understands what’s happening.
“I understand fewer of the businesses as a percentage of the whole than I did 10 years ago.”
Oil Rebounds After Reported US Strike On Qeshm
2026-11-03 Shafaq News Oil prices edged up on Tuesday after a report that the United States had struck Iran's Qeshm Island, raising concerns about an escalation of the eight-month conflict and prolonged disruptions to Middle East oil supplies.
US West Texas Intermediate crude was up 20 cents, or 0.21%, at $96.66 a barrel while Brent crude futures rose 3 cents, or 0.03%, to $104.8 a barrel by 0355 GMT.
Good Afternoon Dinar Recaps,
GLOBAL TECHNOLOGY RESET WATCH: CHINA WARNS AI INVESTMENT BOOM IS BECOMING TOO CONCENTRATED
China’s financial regulator warns that the rapid flow of capital into artificial intelligence could increase financial risks while making it harder for traditional industries to obtain the funding they need to grow.
TNT:
Tishwash: International Trade Centre: Iraq is qualified to become a regional hub for trade and investment.
The Executive Director of the International Trade Centre, Pamela Cooke Hamilton, confirmed that the Iraqi government is committed to accelerating the procedures for joining the World Trade Organization, expressing her hope that the membership requirements will be completed by 2028. While revealing a proposal to prepare a national strategy for trade and investment, she stressed that Iraq is qualified to become a regional center for trade and investment.
Hamilton said during her appearance on the “Economic Dinar” program on Al-Iraqiya News Channel, which was followed by the Iraqi News Agency:
Ariel: Redenomination, Revaluation, New Rate, Forex Market all Can Happen at the Same Time
11-3-2026
Iraq Field Report: The Play By Play (The Calm Under Palm Trees)
Drawing Attention To The Course of Action Taken By The Prime Minister
Let me pull the veil back on what’s actually happening in Baghdad right now, because the mainstream financial press is about as useful as a chocolate teapot when it comes to reading the tea leaves of Iraqi monetary policy.
Reset Intelligence: Iran Moves After a Nuclear Warning.
By Reset Intelligence | @EXIT_FIAT
On Sunday evening, Eastern time, Tucker Carlson told his followers the Trump administration "may be within days of launching a nuclear strike on Iran." The post has been viewed over 80 million times. None of it is confirmed, and the White House would not comment on military plans.
Within a day Iran's president said the supreme leader had given the government powers to pursue a diplomatic way out. On Monday Trump wrote: "Iran wants a settlement, as soon as possible. It could happen!" Oil fell 7.6%, its biggest drop since July.
International Trade Centre: Iraq Is Qualified To Become A Regional Hub For Trade And Investment
The Executive Director of the International Trade Centre, Pamela Cooke Hamilton, affirmed the Iraqi government’s commitment to accelerating the procedures for joining the World Trade Organization, expressing her hope that the membership requirements would be completed by 2028. She also revealed a proposal to prepare a national strategy for trade and investment, noting that Iraq possesses the potential to become a regional center for trade and investment.
Good Morning Dinar Recaps,
GLOBAL ENERGY RESET WATCH: IRAN OFFERS TO REOPEN STRAIT OF HORMUZ AS NUCLEAR TALKS COULD RESUME
Iran says it could reopen the Strait of Hormuz and restart nuclear negotiations with the United States within two days if Washington accepts its conditions, but no agreement has been reached.
Ariel: The Clock is Winding Down on Iraq
11-4-2026
The Clock Is Winding Down On The Regime:
Every revaluation in history the deutsche mark 1948, the ruble 1998, the Argentine convertibility plan, the Vietnamese dong had one thing in common. The fiscal authority had to stop creating a second, competing exchange rate. Budgets don’t move the rate. Budgets determine whether the rate can be unified.
This isn’t a spending vote. It’s a rate-numerator vote. Iraq’s problem has never been the quantity of dinar in circulation it’s the existence of two prices for the same currency.