The mighty US dollar is smashing African currencies to smithereens

The mighty US dollar is smashing African currencies to smithereens.

The Money Show’s Bruce Whitfield interviewed Emerging Markets Strategist Mark Cudmore.

Scroll down to listen to the audio.

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


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