We’re in a currency crisis, and no one is paying attention. Today’s robo high will be the last chance to get out.

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The yen weakens, forcing the BOJ to hike rates. China’s 10-year drops to record lows, pushing rate cuts and currency devaluation. Last time, the BOJ hiked or China devalued, it shook markets. Now, they’re doing it together. Imagine the crash.


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Russian Ruble: The ruble has been in steep decline, reaching its lowest rate against the U.S. dollar since the start of Vladimir Putin’s full-scale invasion of Ukraine. Sanctions and economic challenges have contributed to this depreciation.

Mexican Peso: The peso has declined by approximately 16% over the past year, with a significant drop since April 2024. Political and regulatory risks, along with concerns about trade disruptions, have impacted the peso’s value.

Brazilian Real: The real has weakened by about 20% over the past year, with further declines following announcements of spending measures and tax reforms. Brazil’s fiscal framework has been a long-standing concern for investors.

South African Rand: The rand has experienced fluctuations, with a brief uptrend following the May 2024 election but giving back some gains by mid-December. The market’s response to political changes has influenced the rand’s value.

Turkish Lira: The lira has been in a prolonged decline, exacerbated by political instability and economic mismanagement. The currency has lost a substantial portion of its value over the past year.

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Argentine Peso: The peso has faced severe devaluation due to ongoing economic challenges, including high inflation and political uncertainty. The currency has seen a sharp decline in recent months.

South Korean Won: The won has weakened significantly amid concerns about the country’s economic outlook and trade tensions with neighboring countries. The currency has experienced notable fluctuations.

Indian Rupee: The rupee has been under pressure due to a combination of factors, including economic slowdown and global market volatility. The currency has seen a decline in value over the past few months.

Indonesian Rupiah: The rupiah has faced depreciation amid economic challenges and political uncertainties. The currency has weakened considerably in recent months.

Philippine Peso: The peso has experienced a decline due to economic challenges and external factors affecting the country’s trade balance. The currency has seen a downward trend in recent months.

These currency declines highlight the broader economic challenges faced by these countries and the potential for a currency crisis if the situation continues to deteriorate.

Sources:

https://meduza.io/en/feature/2024/11/29/economy-of-errors

https://realeconomy.rsmus.com/identifying-countries-at-risk-as-the-u-s-dollar-surges

https://www.newsweek.com/russia-ruble-dollar-currency-economy-1992332

https://www.investopedia.com/articles/economics/08/currency-crises.asp

https://www.money.usnews.com/investing/articles/de-dollarization-what-happens-if-the-dollar-lost-reserve-status

https://www.investopedia.com/articles/forex-currencies/091416/what-would-it-take-us-dollar-collapse.asp

 


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