Comment & Analysis
Coutts' commentary – Global View from Asia – Emerging markets – crisis what crisis?
While there are undoubtedly strains in some emerging markets, to read the headlines would suggest there was a pending meltdown. A surprise 15% depreciation of the Argentinean peso kicked off a series of market attacks on emerging-market (EM) currencies last week, which inevitably drew the headlines of a crisis in…
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