WATCH: Recession fears weigh on emerging market currencies
Business Day TV speaks to RMB’s fixed income and currency strategist Kim Silberman
Emerging market currencies have come under pressure, shedding some of the gains made earlier in 2022. On a year-to-date basis, the Turkish Lira is down 22.8% against the dollar while the rand is down 0.7% over the same period. Business Day TV touched base with RMB’s fixed income and currency strategist Kim Silberman, discussed whether a rebound is anticipated in 2023 as growth concerns continue to unnerve investors.
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