The mighty US dollar is smashing African currencies to smithereens.
The Money Show’s Bruce Whitfield interviewed Emerging Markets Strategist Mark Cudmore.
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It’s not looking good for the rand.— Mark Cudmore
The selloff in the rand has been modest compared to most other emerging market currencies.— Mark Cudmore
There is no liquidity and it’s not looking good for Nigeria.— Mark Cudmore
Kenya is uncorrelated and that’s appealing for investors.— Mark Cudmore
This article first appeared on 702 : The mighty US dollar is smashing African currencies to smithereens