Surging dollar sends emerging currency index to lowest in more than three years By Reuters


LONDON (Reuters) – The stampede into dollars pushed MSCI’s Emerging Markets Currency Index () to its lowest level in more than three years on Thursday and set it on course for its worst week since September 2011.

MSCI’s index of emerging market shares () was lower for its fourth day running, down 3% on the day and at its weakest in more than four years. The index is headed for its worst week since the 2008 global financial crisis.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*