A man checks rates at a currency exchange office in Istanbul, Turkey, on April 11. The lira fell to a record low against the US dollar last week. Photo: Reuters 
A man checks rates at a currency exchange office in Istanbul, Turkey, on April 11. The lira fell to a record low against the US dollar last week. Photo: Reuters 
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Emerging market currencies feel the heat as US economy brightens

Neal Kimberley says Hong Kong is well placed to weather the US Federal Reserve rate hike, but emerging markets might face a more challenging future

Neal Kimberley
Neal Kimberley

Updated: 10:44pm, 8 May, 2018

Why you can trust SCMP
A man checks rates at a currency exchange office in Istanbul, Turkey, on April 11. The lira fell to a record low against the US dollar last week. Photo: Reuters 
A man checks rates at a currency exchange office in Istanbul, Turkey, on April 11. The lira fell to a record low against the US dollar last week. Photo: Reuters 
READ FULL ARTICLE