
Dollar Debasement Frees Emerging Market Currencies from Treasuries' Weight
The debasement of the US dollar is reportedly freeing emerging market currencies from the influence of Treasuries' weight. This development could lead to greater independence for these currencies.
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(USD) Dollar Debasement Frees EM Currencies From Treasuries’ Weight
US Treasuries and emerging-market currencies are diverging the most in more than four years as higher US yields fail to fuel the dollar’s strength like they once did.
By Srinivasan Sivabalan
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