FX Week Europe: Investors warned to be prudent on EM currencies

Angus Downie at Ecobank

Foreign exchange investors should be cautious about responding to the ongoing crisis in the eurozone by rushing into emerging market (EM) currencies, as they could also experience a slowdown in the coming years as the crisis spreads, according to panellists at the FX Week Europe conference in London on December 1.

"From an emerging markets perspective, there are no economies out there that are going to be immune. Despite Africa being relatively insulated from the global financial crisis of 2007

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