Sovereign Analysis /
Global

Weekly Credit Risk Monitor

    Stuart Culverhouse
    Stuart Culverhouse

    Chief Economist & Head of Fixed Income Research

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    Tellimer Research
    17 August 2018
    Published byTellimer Research
    In Focus: Turkey crisis - the wider EM impact. Turkey’s currency crisis seems to be more pronounced than Argentina’s was in April 2018 and has produced the sharpest fall in EM currencies since Donald Trump was elected US President in November 2016. Put simply, the near three-year period of EM currency strength since then has been completely reversed.