Currency Risk, Still An Afterthought?
Currency Risk, Still An Afterthought? by Anton An, Matthews Asia
The recent slowdown in emerging markets and the anticipation of a U.S. Federal Reserve tightening cycle have wreaked havoc on many Asian currencies. What was once an afterthought for equity investors has now become a front and center concern.
There are various line items in financial statements that may be denominated in non-local currencies. For example, in some major cities, landlords . . .
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