🔒 Analysts see an to end bearishness on emerging-market currencies

A strengthening dollar, the yuan’s relentless slide and war in Ukraine have been a toxic mix for emerging-market currencies this year. The MSCI’s gauge of emerging-market currencies has weakened about 8% this year, near the record annual drop of 8.7% posted during the 2008 crisis.

The rand is up to its old tricks again…

The question Mike Schüssler probably gets asked the most as an economist is; “where will the rand be by Christmas or next year this time”.