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Paul McNamara

10/05/2019
Argentina Financial Times - Reino Unido Mercados Paul McNamara

EM currency falls bring big opportunities for investors

Emerging market crises in recent years have been mostly confined to small, marginal countries such as Belize and Jamaica. But last year saw trouble for two heavy-hitters. First, Turkey’s lira fell sharply as a credit-fuelled construction bubble turned to bust, then Argentina’s peso collapsed amid excessive foreign debt and soaring inflation.
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