Most of the region’s currencies have continued to depreciate against the US dollar so far this month, extending a period of weakness that began back in August. Looking ahead, while we think that the big falls in currencies are now behind us, we do expect most to decline a little further against the dollar over the next year. Meanwhile, the region’s equities should edge up in 2015 helped by low valuations.
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