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>> RESERVE BANK OF INDIA Latest News

MAR 27, 2014 - Business Insider

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Emerging-Market Currencies Are Ripping

Several high-beta emerging-market currencies are having a great day against the U.S. dollar — especially the Turkish lira, the Brazilian real, and the South African rand (pictured above). It's been about two months since the worst of the selling in an episode that sent the lira to record lows and saw the rand and the real fall to their lowest levels since 2008. The biggest gainer of the three today is the real, up 1.1% against the dollar. The rand is up 0.9% and the lira is up 0.3%. All of these currencies have been strengthening in recent days. The rand got an additional boost today ... Read More

Tags: Emerging-Market Currencies Are Ripping,  Reserve Bank Of India Latest News