How can countries respond to the strong US dollar?
The US dollar is at its strongest since 2000. The weakening of many countries' currencies relative to the dollar has made their inflation fight harder.
First Deputy Managing Director, International Monetary Fund (IMF); Former Director, IMF's Research Department; Economic Counsellor of the Fund. Prior to joining the IMF, Ms. Gopinath was the John Zwaanstra Professor of International Studies and of Economics, Harvard University. Research focuses on international finance and macroeconomics. Co-Editor, “Handbook of International Economics”. Former: Assistant Professor of Economics, University of Chicago’s Booth School of Business; Co-Editor, American Economic Review; Managing Editor, Review of Economic Studies; Co-Director, International Finance and Macroeconomics programme, National Bureau of Economic Research; Visiting Scholar, Federal Reserve Bank of Boston; Member, Economic Advisory Panel, Federal Reserve Bank of New York; Economic Adviser to the Chief Minister of Kerala State, India; Member, Eminent Persons Advisory Group on G-20 Matters, India's Ministry of Finance. Elected Fellow: American Academy of Arts and Sciences; Econometric Society. Recipient: Pravasi Bharatiya Samman; Distinguished Alumnus Award, University of Washington. Named, among others: among Bloomberg 50 people who defined 2019; one of the Top Global Thinkers Foreign Policy, 2019; named among the Women who Broke Major Barriers to Become “Firsts”, Time Magazine, 2019. Young Global Leader, World Economic Forum, 2011. PhD in Economics, Princeton University; BA, Lady Sri Ram College; MA, Delhi School of Economics and University of Washington.
The US dollar is at its strongest since 2000. The weakening of many countries' currencies relative to the dollar has made their inflation fight harder.
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