https://d5nxst8fruw4z.cloudfront.net/atrk.gif?account=pUuXo1IWhd10Ug
logo
Sharelines
To be sure, some may view the US dollar’s appreciation as consistent with a longer-term rebalancing of the global economy. But, as Argentina’s situation demonstrates, excessively sharp and sudden appreciation of such a systemically important currency risks unbalancing things elsewhere. Photo - Reuters file