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BIGGEST FALL OF EMERGING MARKET CURRENCIES IN 5 YEARS

Published On 04 May 2020 01:34 PM


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Highlights:

  • The current fall is due to the coronavirus pandemic and constant fall in the crude oil prices.
  • The MSCI Emerging Market Currency Index fell by 6% in the January-March period in the present year.
  • The South African rand and the Turkish lira are at the lowest levels after a fall of 26% and 15% respectively as compared to December 2019.

The emerging market curre....


Tags : emerging markets, currencies, coronavirus, pandemic, economies,
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