US political gridlock puts EM currencies in stasis

us-flag-washington-dc

Emerging market currencies are enjoying a period of respite from the volatility they have experienced over the past few months, thanks to political dysfunction in the US that has produced a government shutdown and doubts over the country's solvency.

The currencies of several emerging markets, notably the Indian rupee and the South African rand, took a battering earlier this year when the US Federal Reserve raised the prospect of reducing its quantitative easing (QE) programme, prompting many

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: