Donald Trump's dramatic victory in the US presidential elections has been chaotic for emerging-market currencies including the rand, which slipped 7% against the dollar this week, and some commodities that saw a sharp uptick had lost some gains by the end of the week. The selloff of emerging-market currencies deepened this week as concern over policies that Trump is set to implement when he takes office next year could lead to capital outflows from developing nations and weaken their exports. The rand weakened to R14.40 to the dollar in afternoon trade on Friday. The Mexican peso led declines of emerging-market currencies, falling by more than 30% as Trump's campaign talk of renegotiating trade deals that are benefiting countries such as Mexico sparked panic in global financial markets. Trump's shock election also set off a buying frenzy in commodity stocks on Wednesday, a day after Americans voted, with base metals and gold shares among the biggest winners. The frenzy could in part...
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