Trading floor of the Borsa Istanbul. Turkish stocks have fallen as much as 11% in dollar terms since their August peak. Photo: Reuters/Murad Sezer

The Paris-traded Brazil ETF fell 14% in this morning’s trading after tape records surfaced that allegedly showed Brazil’s president taking bribes. The South African rand is down by 3.8% over the past two days, and the Mexican peso is down by 2.8%.

Turkey’s stock market was down 2.25% in dollar terms yesterday and fell another 3% in dollar terms this morning as both the TRY exchange rate and local-currency stock prices weakened.