The Family Firm Blog

Emerging Market Currencies Strengthening

Posted by Nate Gendelman on 6/5/20 4:28 PM
Nate Gendelman

As confidence in an (eventual) economic recovery continues to spread through financial markets, several of the biggest beneficiaries have been some emerging market currencies. Among those that have spurted higher lately include Brazil and Mexico, although still far down year to date. And important to note that although financial conditions have strengthened for Latin America, the economic conditions on the ground have yet to show any improvement and remain dismal.