HSBC: Emerging market currencies, the decline is not over yet.
Time 914 morning news, HSBC Bank , global head of foreign exchange strategy David – Bloom (David Bloom) weeks five said the recent slump in emerging market currencies may make many investors believe it is a good investment opportunity, but these currencies may also have a more substantial decline.
David – Bloom is a note to clients on Friday raised in this forecast. He wrote, “Do not just because it is cheap to buy emerging market currencies, they may also become cheaper.”
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