About Money Watch Africa

July 27, 2015

Bloomberg - Emerging Market Currencies Tumble to Record Low in 'Violent' Selloff

Emerging Market Currencies in Free Fall




Bloomberg Emerging-market currencies are in free fall.

An index of the major developing-nation currencies fell to an all-time low this week, extending its drop over the past year to 19 percent, according to data compiled by Bloomberg going back to 1999. The Russian ruble, Colombia's peso and the Brazilian real have fallen more than 30 percent over the past year for some of the worst global selloffs. Click through the following link to read the full article: Emerging Market Currencies Tumble to Record Low in 'Violent' Selloff


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