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Currency Trends in Emerging Countries: August 2018 (Monthly Report)

2018-09-03 19:23:44| EmergingTextiles.com

Most emerging currencies have depreciated in August, as a result of a still bullish dollar, rising oil prices as well as potential contagion from Turkeys currency crisis. Chinas central bank has meanwhile announced to keep a tighter grip on its exchange rate. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.

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