Emerging Market Currencies See Winning Streak Slow, Possibly Hitting ETFs
July 22, 2008 at 13:00 PM EDT
Currency in emerging markets have enjoyed a five-year winning streak that has benefited some exchange traded funds (ETFs). But the good times might be coming to a halt. Inflation is what’s doing the money in, and it’s a problem everywhere from South Korea to Turkey, report Lukanyo Mnyanda and Lester Pimentel for Bloomberg. The currencies for [...]