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 
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

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 
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 
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.