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WEEK IN REVIEW: Emerging Market Currencies under Pressure due to Ongoing Lockdowns in China
Emerging market currencies and stocks are under mounting pressure this week due to the ongoing lockdowns in China. The South African rand fell again on Tuesday as investors are worried about the impact that a slowing Chinese economy will have on the demand for African raw materials. Those concerns ...
An electric bus donated by the Taiwanese government drives through a neighbourhood in Asuncion, Paraguay, March 3, 2026. REUTERS/Cesar Olmedo
By Daniela Desantis and Lucinda Elliott When Paraguayan opposition lawmaker Leidy Galeano returned from an all-expenses-paid tour of six Chinese cities late last year, she was convinced Paraguay risked missing out on major economic gains by sticking with longtime ally Taiwan over Beijing - a message participants on ...
WEEK IN REVIEW: Emerging Market Currencies under Pressure due to Ongoing Lockdowns in China
Emerging market currencies and stocks are under mounting pressure this week due to the ongoing lockdowns in China. The South African rand fell again on Tuesday as investors are worried about the impact that a slowing Chinese economy will have on the demand for African raw materials. Those concerns ...