Weak dollar drives economic growth

Recent strength in emerging markets economies has been driven by two key issues - weakness in the US dollar and job creation stemming from economic growth. It is also creating attractive opportunities for investors. A recurring feature of countries in the emerging markets arena is their high level of international borrowing, largely denominated in dollars. This means that any movement in the dollar's value will have an impact on the country's economic strength. If their own currency loses value, economies can become stretched. However, the current weakness of the US dollar is good news ...