Most vulnerable emerging markets now face Euro recession risk - Business Standard
8/7/2022 12:00:00 AM3 years 6 months ago
by Netty Ismail and Maciej Onoszko | Bloomberg
by Netty Ismail and Maciej Onoszko | Bloomberg
Europe is far more vulnerable at this stage so its reasonable to assume that the central and eastern currencies will underperform especially if eurodollar falls said Piotr Matys
Already suffering from the war in nearby Ukraine, eastern Europe’s main currencies are about to take another blow from a looming euro-area recession. Traders are more bearish on the Hungarian forin… [+5136 chars]
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