Lira plunge highlights EM currencies’ plight
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PARIS: Much of the Turkish lira’s plight may be homegrown, but it shares some key vulnerabilities with other emerging countries whose currencies are now also plunging as fear of contagion spreads, analysts say. South Africa, Argentina, Mexico, Brazil and RuLira plunge highlights EM currencies’ plight
PARIS: Much of the Turkish lira’s plight may be homegrown, but it shares some key vulnerabilities with other emerging countries whose currencies are now also plunging as fear of contagion spreads, analysts say. South Africa, Argentina, Mexico, Brazil and Russia have all seen their currencies slip over the past week because, like Turkey, they remain [...] The post Lira plunge highlights EM currencies’ plight appeared first on The Manila Times Online. Read more