| From Investorschronicle.co.uk: Over the past few weeks concern has been growing about a so-called 'currency war'. The main protagonists seem to be China, resisting calls to allow its currency to strengthen, and the US which fears its economic prospects will be disadvantaged by cheap Chinese imports damaging US production and jobs.
The other participants in this 'war' seem to be mainly in the emerging markets. Thailand, Korea and Brazil, for example, are among the countries who have intervened to keep the strength of their currencies in check. To date this has been a largely academic debate, but could this damage the returns from emerging markets funds?..........................................Full Article: Source
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