The impact of the strong dollar on emerging markets

Date: 28 May 2024

We examine the potential impact of the recent rise in the dollar on emerging markets, looking at the channels by which the dollar can impact emerging countries, how these impacts have played out so far and might have changed over time and the outlook and risks going forward.

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Adam Slater
Adam Slater

Lead Economist

+44 (0) 1865 26 8934

Adam Slater

Adam Slater

Lead Economist

Oxford, United Kingdom

Adam Slater is a lead economist at Oxford Economics, responsible for contributing to and helping to communicate Oxford Economics’ global macroeconomic view, including writing for and helping edit regular publications. He has a particular interest in developments in financial markets. Before joining Oxford Economics, Adam spent more than ten years working as an economist and strategist in the City of London for Nomura, Rabobank, and Calyon.

Ben May

Director, Macro Forecasting & Analysis

+44 (0) 203 910 8015

Ben May

Director, Macro Forecasting & Analysis

London, United Kingdom

Ben May is a Director of Global Macroeconomic Research at Oxford Economics and is involved in the production and presentation of the company’s global macroeconomic views, with a leading role in our coverage of the advanced economies. Ben joined Oxford Economics in April 2014. He has over 15 years’ experience as a macro economist in the public and private sector and has over a decade’s expertise covering the Eurozone economy.

Before joining the Global Macro team, Ben worked on the Eurozone team at Oxford Economics. In addition to his working covering broad Eurozone issues he was also responsible for research on the ECB and Germany. Prior to joining Oxford Economics, Ben spent over six years at Capital Economics and was responsible for the coverage of the southern Eurozone economies throughout the Eurozone crisis. Before that, he spent seven years at the Bank of England, working in three divisions of the Monetary Analysis area of the Bank, which provides research and analysis for the Monetary Policy Committee. Ben has a BSc in Economics with Statistics from the University of Bristol and an MSc in Economics from University College London.

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