REVIEW: As the third quarter of the year kicked off, rising turmoil in emerging markets amid the backdrop of an increasingly difficult global trade trade environment led to a sustained selldown in equities.
The pace of currency slides in the emerging markets picked up; apart from ailing currencies in Argentina and Turkey to South Africa and India, in South-East Asia selloffs in Indonesia’s rupiah and the Philippine peso were coming to a head.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!