Taper Tantrum 2.0: Emerging Currencies Are Crashing
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.
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