August 21, 2018

Emerging Market Currencies Feel the Effects of Lira’s Losses

A basket of emerging market currencies was sold off this week fuelling speculation that the Turkish Lira’s losses could be spreading to other economies. Emerging market currencies such as the South African Rand, Argentinian Peso and notably the Indian Rupee all seeing significant declines this week. Not escaping the ripples from the fallout, stock markets […]