Edoardo Cignoli : Dollar's Surge Pummels Companies in Emerging Markets

Companies that issued bonds in U.S. dollars instead of the local currency face higher costs on debt payments. Some financially strapped firms might default on their bonds, analysts warn.



via WSJ.com: US Business http://online.wsj.com/articles/dollars-surge-pummels-companies-in-emerging-markets-1419977162?mod=pls_whats_news_us_business_f