Latest news with #emerging market currencies
Bloomberg
22-07-2025
- Business
- Bloomberg
Rupiah to Consolidate Before Further Gains, Citi Strategist Says
The Indonesian rupiah's recent gains are set to pause in the coming month before advancing to levels last seen in December, according to the currency's top forecaster. Emerging market currencies, especially those that are high-yielding, tend to weaken for various reasons in August, said Rohit Garg, head of foreign exchange and rates strategy Asia ex-Japan for Citigroup Inc. By the end of the year, the strategist forecasts the rupiah to rally almost 2% against the dollar.
Yahoo
15-07-2025
- Business
- Yahoo
Wells Fargo's McKenna on EM FX, Trade Tariffs
Brendan McKenna, Emerging Market Economist and FX Strategist at Wells Fargo, discusses the impact of the trade tariffs on emerging market currencies. He speaks with Shery Ahn on "Bloomberg: The Asia Trade" on July 11.
Bloomberg
14-07-2025
- Business
- Bloomberg
Wells Fargo's McKenna on EM FX, Trade Tariffs
Brendan McKenna, Emerging Market Economist and FX Strategist at Wells Fargo, discusses the impact of the trade tariffs on emerging market currencies. He speaks with Shery Ahn on "Bloomberg: The Asia Trade" on July 11. (Source: Bloomberg)
