{"id":629246,"date":"2018-05-27T03:53:38","date_gmt":"2018-05-27T03:53:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/the-hand-wringing-over-weakness-in-emerging-market-currencies-continues-in-the-global-business-press\/"},"modified":"2018-05-27T03:53:38","modified_gmt":"2018-05-27T03:53:38","slug":"the-hand-wringing-over-weakness-in-emerging-market-currencies-continues-in-the-global-business-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/the-hand-wringing-over-weakness-in-emerging-market-currencies-continues-in-the-global-business-press\/","title":{"rendered":"The hand-wringing over weakness in emerging market currencies continues in the global business press."},"content":{"rendered":"<p><strong>The hand-wringing over weakness in emerging market currencies continues in the global business press,<\/strong> with <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-25\/contagion-from-the-em-sell-off-spreads-to-africa-s-local-markets\">Bloomberg\u2019s Paul Wallace<\/a> being the latest in a string of writers to point out that equity markets in countries including Egypt, Kenya, and Ghana have also been slipping in response. \u201cEgypt\u2019s stocks, which had risen steadily since the EGP was devalued in November 2016, have fallen more than 9% since late April,\u201d he says. The USD\u2019s strength in recent weeks has left emerging markets in distress as they grappled with a major sell-off triggered by higher US interest rates, as well as geopolitical tension.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hand-wringing over weakness in emerging market currencies continues in the global business press, with Bloomberg\u2019s Paul Wallace being the latest in a string of writers to point out that equity markets in countries including Egypt, Kenya, and Ghana have also been slipping in response. \u201cEgypt\u2019s stocks, which had risen steadily since the EGP was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":629247,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"6728825f-6b95-4700-b76c-35c5c23bfd3b","order":"0","is_powered_by":true,"section_story_id":"c2498400-ca56-425c-a878-d0d0d0c378e9","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/5\/255.jpg","photo_position":"above","related_issue":[629243],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Developing-nation currencies may suffer losses amid a possible sharp rise in US real yields as inflation rises and the mitigating effects of China's economic rebound fade, according to Bloomberg. Emerging-market currencies saw their biggest losses since July 9 as the\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559338,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/what-the-markets-are-doing-on-18-january-2021\/","url_meta":{"origin":629246,"position":1},"title":"What the markets are doing on 18 January 2021","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"EM currencies under pressure as greenback enjoys Biden bounce: Emerging-market currencies are coming under pressure as incoming US president Joe Biden\u2019s pledge to pass USD 1.9 tn in fresh stimulus sends the USD on a two-week tear, Bloomberg says. EM currencies, in turn, logged losses after having ended 2020 with\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599412,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/what-were-tracking-on-27-june-2019\/","url_meta":{"origin":629246,"position":2},"title":"What we\u2019re tracking on 27 June 2019","author":"enterpriseam admin","date":"27 June 2019","format":false,"excerpt":"We have a nice long weekend ahead of us, as Sunday is off in observance of 30 June. Banks and the stock exchange will be closed. Enterprise will also be off on Sunday, and we\u2019ll be back in your inbox at the appointed hour on Monday morning. 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The Shared Services and Outsourcing Forum opens tomorrow: Global leaders in the shared services industry will discuss emerging technologies\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568808,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/","url_meta":{"origin":629246,"position":4},"title":"Trade growth between emerging economies is flatlining","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"Trade growth between emerging economies is flatlining: Expectations that sluggish growth in developed economies would stimulate intra-EM trade look to have been proven wrong as trade between emerging economies continues to flatline, Steve Johnson writes in the Financial Times. Although EM exports heading to other developing countries did leap from\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/57.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598081,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/global-market-turmoil-sends-investors-fleeing-emerging-market-shares-and-currencies\/","url_meta":{"origin":629246,"position":5},"title":"Global market turmoil sends investors fleeing emerging market shares and currencies","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"Turmoil in global markets had investors fleeing EM and other so-called \u201crisky\u201d assets yesterday. Shares in developed markets also took it on the chin after China said it would hike tariffs on some US 60 bn worth of US imports. Beijing was reacting to Washington\u2019s decision last week to impose\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/629246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=629246"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/629246\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/629243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/629247"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=629246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=629246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=629246"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=629246"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=629246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}