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Excerpt

May 26, 2022, Opinion: "With elevated global inflation likely to persist for some time, the prospect of competitive exchange-rate appreciations is looming larger. Instead of a race to the bottom in the currency market, there may be a scramble to the top – and poorer countries will likely suffer the most."

ÌÇÐÄvlog¹ÙÍø Faculty Author - Jeffrey Frankel