18.08.2016 - The world's worst performing currency right now is Mongolia's
Even Genghis Khan himself might find it hard to conquer this battle. Mongolia's currency is on its longest losing streak on record as the government grapples to contain an economic crisis. Back in 2011, a mining boom helped make it the world's fastest-growing economy with growth in gross domestic product of around 17.5%. But the tugrik lost about 7.8% of its value this month, making it the world's worst-performing currency, says Bloomberg data...............................................Full Article: Source
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