Dollar Rally Could Risk BRICs $8 Trillion Capital inflow

A gear-shift by U.S. Federal Reserve and the resultant dollar surge could force BRICS countries to apply a ‘sudden stop’.

Ambrose Evans-Pritchard in his comments posted in ‘The Telegraph’ feels the flow of over $8 trillion capital in to emerging markets since the Lehman crisis has largely sputtered out in some of the BRICS countries including Brazil, Russia and South Africa.

Federal Reserve Chairman Ben S. Bernanke defended Wednesday the central bank’s record stimulus program indicating that ending it...