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Higher rates not helping EM currencies, outlook improving for some

Brisbane Times Thursday, 24 November 2016
The drop in emerging market currencies may have gone too far, though perhaps not for the Turkish lira, South African rand or Mexican peso.
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News video: Why Rising Treasury Yields Add Pressure to EM Currencies

Why Rising Treasury Yields Add Pressure to EM Currencies 02:47

Nov.25 -- Emerging-market currencies headed for their biggest monthly loss in more than a year as the prospect of higher U.S. interest rates boosted the dollar and damped the outlook for developing-nation economies. Bank of New York Mellon Chief Currency Strategist Simon Derrick discusses with Yousef...

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