Skip to main content

How will sustained low oil prices affect EM currencies?

The currencies of many emerging economies have sold off recently, due to general US dollar strength and, in some cases, declining oil prices. While our forecast that oil prices will remain low suggests that there is little scope for the currencies of oil exporters to rebound, it is a more varied picture for the currencies of oil importers.


Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access