Wall Street shrugs off currency contagion in emerging markets
The US stock market is only a week away from having the longest bull run in history.
Nevil Gibson
Wed, 15 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
More emerging market currencies dropped while developed world markets largely shrugged off concerns of a spreading financial crisis.
While Turkey ’ s lira recovered slightly, India ’ s rupee plunged below 70 to the US dollar for the first time. The Argentine peso fell another 2.1%, even after
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Nevil Gibson
Wed, 15 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
