Dollar surge bringing emerging market rate cut cycle to a halt

A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey’s currencies like a wrecking ball and raising the likelihood more broadly that emerging markets’ three-year long interest rate cutting cycle is at an end. Read More @ https://www.reuters.com/article/us-emerging-debt/dollar-surge-bringing-emerging-market-rate-cut-cycle-to-a-halt-idUSKBN1I80FD?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

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