An Indonesian employee counts US dollar banknotes at a money changer in Jakarta, Indonesia, on May 8. The strengthening US dollar over the past month hit emerging market currencies hard. Photo: EPA-EFE
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

How the US dollar could turn emerging market fortunes around if the Chinese yuan maintains its value

Nicholas Spiro says a stabilising US dollar and the sell-off in emerging market stocks last quarter means developing economies could be attractive once again

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An Indonesian employee counts US dollar banknotes at a money changer in Jakarta, Indonesia, on May 8. The strengthening US dollar over the past month hit emerging market currencies hard. Photo: EPA-EFE
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