Taper Tantrum 2.0: Emerging Currencies Are Crashing

Monday, December 15, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/15/2014

>More bloodbathery. Wherever we look today, things are not going well. While we have become used to day after day of Oil Producers’ FX collapsing, today we see the tumble in Emerging Market FX rates begin to accelerate in a very Taper-Tantrum-esque manner. While the Ruble at 64 is grabbing headlines, Turkish Lira is utterly collapsing along with Indonesia and India overnight.

The Rest…HERE

This entry was posted on Monday, December 15th, 2014 at 12:36 pm and is filed under Economics, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.

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