Strategy Note /
Global

The emerging market banks that can best hedge equity investors' currency risk

  • US dollar strength has put pressure on selected EM currencies. Tapering and Fed rate hikes could extend the trend

  • Banks in Hungary, Thailand and Nigeria could help equity investors hedge these risks. We highlight OTP, Guaranty Trust

  • Based on REER mismatches, the most valuable bank currency hedges are in Nigeria, Trinidad & Tobago, Egypt and Kenya

The emerging market banks that can best hedge equity investors' currency risk
Rahul Shah
Rahul Shah

Head of Financials Equity Research

Contributors
Rabail Adwani
Rohit Kumar
Tellimer Research
25 November 2021
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