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Emerging Market ETFs Plummet. Why Investors Are Abandoning Ship.

Por: MarketWatch Business September 28, 2022

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Much of the pain comes from the strengthening dollar, which has gotten a boost from the Federal Reserve’s interest rate hikes. The reached its highest value for the year on Tuesday. The strong dollar has increased the cost of dollar-denominated debt in other countries, including on company balance sheets. And the central bank has signaled further rate hikes are in the cards. That, combined with the historic slump in the British pounds and... + full article



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