The Fed's interest rate hikes lead to currency devaluation — Countries in the Global South face higher costs for financing and debt repayment.
Dolar’s central role in international economy — The Global South pays a premium for accessing global markets and transactions, impacting food, fuel prices, and investments.
Keep an eye on alternative reserve currencies gaining traction as potential solutions.
Quando o Federal Reserve (Fed), o banco central dos Estados Unidos, aumenta sua taxa de juros, os efeitos ultrapassam rapidamente as fronteiras norte-americanas.