Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Emerging Market Debt Is Becoming a New Safe Haven
In this episode, Lucas and Luna explore a surprising shift: as the US dollar weakens and geopolitical tensions rise, investors are turning to emerging market local-currency bonds as a new kind of safe haven. They anchor the conversation with the latest data: the trade-weighted dollar index at 118.1, down from its highs, and the yuan steady at 6.72 per dollar. They discuss how countries like Indonesia and Taiwan are outperforming, and how the carry trade is making currencies like the Thai baht attractive — EWT is up 2.3% over the past five days. They also examine the role of the IMF and the…
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