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2013 in review: Currency winners and losers

Posted on 02 January 2014

Previously, beyondbrics looked at stock exchange winners and losers of 2013. Now it’s the turn of the EM currencies. Which currencies felt the full force of the 2013 sell-off, and which survived unscathed?
The chart below shows the top and bottom 10 currencies in dollar spot terms, for the year. The pattern is pretty clear: central and eastern Europe did fine; the fragile five or Biits (Brazil, India, Indonesia, Turkey and South Africa) really were fragile………………………………………..Full Article: Source


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VRS - who has written 39496 posts on Opalesque Commodities Briefing.


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