NewsCase StudiesEvents

Emerging-market currency turmoil

Also in the news...

Foreign travel advice Georgia

Warnings and insurance Still current at: 16 May 2024 Updated: 16 May 2024 Latest update: Information on the political situation across Georgia ('Safety and security' page).

How to market and package ecommerce products for maximum impact

To market and package your ecommerce products for maximum impact, start by understanding your target audience's demographics, passions, and daily struggles. Tailor your product descriptions and packaging to resonate with their identity, making them feel like part of a community.

Foreign travel advice Norway

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: This travel advice was reviewed for style and accuracy.

Guidance Living in Austria

Information for British citizens moving to or living in Austria, including guidance on residency, healthcare and driving.

Foreign travel advice Sweden

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: Removal of information about Eurovision Song Contest ('Warnings and insurance' and 'Safety and security' pages).

Emerging-market currency turmoil

Back to News

Apparently triggered by the US Federal Bank's reduction in quantitive easing, this week turmoil has struck the global money markets

with some of the major emerging economies being particularly badly hit. Turkey, Brazil, Argentina, South Africa and India are approaching the challenge in different ways, with the Turkish government for instance, more than doubling a key rate to 10%

The message for traders? Be cautious for the moment but opportunities are likely to arise for the fleet-of-foot soon enough once the dust beings to settle.

Wade World Trade

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.