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CIS-4 Economies Face Unexpected Challenges Amid US Dollar Volatility
CIS-4 Economies Face Unexpected Challenges Amid US Dollar Volatility
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The CIS-4 nations—Armenia, Azerbaijan, Kazakhstan, and Uzbekistan—are grappling with unforeseen economic pressures despite initial Optimism about gains from a weaker US dollar. While these economies remain shielded from direct US trade tariffs, secondary effects such as trade exposure to China and the EU, oil price sensitivities, and rising inflation are creating headwinds.
Oil dependence remains a critical vulnerability, with fluctuating prices exacerbating inflationary trends across the region. The interplay of global trade dynamics and domestic macroeconomic conditions suggests a cautious outlook for the NEAR term.
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