7 days of Economics - US rates and emerging markets: no spillover yet

Historically, a rising rate environment in the US has been a matter of concern for developing economiesIt seems that this time is different:despite rising US yields, emerging market currencies have strengthenedThis has contributed to a weakening of the effective exchange rateof the dollar and an eas... - (source: group.bnpparibas)

Source: BNP Paribas
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