Swiss Economicblogs.org
A challenging global environment has sapped the appeal of all the EM currencies we track.There have been few changes in our emerging market (EM) currencies scorecard over the past month. Currently, it suggests that no EM currency at present is particularly attractive on a 12-month horizon.August was a particularly harsh month for EM currencies, with the Argentinian peso and the Turkish lira both dropping 25% against the US dollar. While these two currencies were particularly vulnerable to a...
Read More »Sombre scorecard for EM currencies
