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[–] derram 0 points 1 point (+1|-0) ago 

https://archive.fo/yilQM :

Lira Leads Selloff as Dollar Hits Every Emerging-Market Currency - Bloomberg

'READ MORE: Local Bonds Are Bearing the Brunt of the Emerging-Market RoutHere are some notable sizes and scopes across Emerging Markets:'

'The selloff underscores how emerging markets are bearing the brunt of a global reassessment of the likely impact of rising U.S. interest rates. '

'Bonds also suffered, sending the average yield on local-currency debt up 20 basis points, on track for the worst month since 2016. '

'The MSCI Emerging Markets Currency Index was close to trading below its 50-week moving average for the first time since December 2016. '

'Not one of the 23 most liquid developing-nation currencies managed to advance against the dollar of as 11:16 a.m. in London. '


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