Macro Analysis /
Global

Updated alternative dataset showing currencies at risk of devaluation

  • Exchange rate versus cryptocurrency Tether, which is pegged to the US$, can serve as a parallel market proxy

  • Parallel proxy flags most overvalued currencies as ARS (c111%), ETB (c60%), NGN (c53%), DZD (c46%), and MMK (c38%)

  • Depreciation of the official exchange rate may be required for these currencies to contain external imbalances

Updated alternative dataset showing currencies at risk of devaluation
Patrick Curran
Tellimer Research
5 August 2022
Published byTellimer Research

Watchlist

Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.