The Wall Street Journal - Estados Unidos

Treasury Secretary warns China’s currency will have to be included in any trade discussions

Meeting is scheduled to take place at the Group of 20 leaders’ summit in Buenos Aires at the end of November

Many have taken steps to limit fallout from U.S. dollar strength

The IMF’s fixation with dubious policies misses the real causes of inflation and currency crises. How many U.S. dollars an Argentine peso buys?

Gopinath is one of the leading scholars in exchange rates, sovereign debt and capital flows. Gita Gopinath during a debate at the IMF and World Bank Group annual meetings a year ago.

The central bank is prepared to increase rates after its policy meeting concludes Wednesday, the eighth such move since late 2015. Federal Reserve Chairman Jerome Powell last month defended the central bank’s strategy of gradually raising interest rates.

As currencies plummeted, Turkish companies try to keep a lid on prices while in Buenos Aires there is strong demand for higher wages

Another currency crisis is roiling Argentina, and a year ahead of an election President Mauricio Macri is struggling to right the ship. The peso has lost half its value against the U.S. dollar since January. Inflation expectations are soaring.

The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.4%, climbing for a sixth consecutive trading session to 90.03. The dollar rose 0.3% against the euro to its highest level against the 19-nation currency since Aug. 23.