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Published on Monday, September 10, 2018

Emerging markets: an uncertain route adjustment

Following a bonanza year in 2017, this year looks like becoming a year of losses for emerging financial markets. Since the beginning of the year these countries’ currencies have depreciated on average by close to 13%, their stock exchanges have fallen by 10% and their risk premiums have increased by nearly 100 bp. Are we on the verge of a crisis in emerging markets?

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