The implied volatility of emerging market currencies during the past six months has tracked world market conditions. The main macro determinant of volatility in the whole EM currency complex is American monetary policy. As rates peaked at the end of 2022, so did emerging markets’ currency volatility, and volatility fell with US bond yields during […]
Tag: Turkish lira
Posted inEgypt, European Union, France, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Middle East, Russia, Syria, Turkey, World
Turkey is stuck in quagmire of its own making
Posted inAT Finance, China, European Union, France, Indonesia, Iran, Iraq, Israel, Italy, Malaysia, Mexico, Middle East, Northeast Asia, Russia, Syria, Turkey, World
