Archive for August 14th, 2018

New Overnight Developments Abroad - Daily Update

A Rebound in Many Emerging Market Currencies

August 14, 2018

The dollar has settled back 5.3% against the Turkish lira, 1.6% relative to the South African rand, 1.5% versus the Russian ruble, 0.9% vis-a-vis the Mexican peso, 0.5% against the Brazilian real and 0.25% versus the Indian rupee after touching a record low of INR 70.09 earlier in the day. However, today’s┬árespite in the lira-led […] More

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