Not Surprising: Currency Hedging Makes a Difference in Emerging Markets
January 28, 2014 at 13:57 PM EST
Emerging markets currencies are getting plenty of attention these days and most of it is bad. Put the phrased “emerging markets currencies contagion” into Google and a tidy 13.5 million results are returned in a third of a second. “Contagion” may be overused as a way of describing the current state...