The sell-off in emerging market currencies so far this month has been broad-based, but we expect investors to become more selective soon. We think a number of currencies will probably rebound, while the currencies of economies with large current account deficits will continue to come under pressure as attention increasingly focuses on the timing of interest rate hikes in the US.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services