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and the EM carnage continues

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Speaking of global credit problems, RSA's Rand tumbles as it attempts a new Eurobond sale

https://www.zerohedge.com/news/2018-05-15/emerging-market-fx-suffers-death-cross-lira-rand-collapse

and again, this isn't the strength of the dollar, this is the dollar crisis masked as weaker currencies see trouble, especially in the global credit crunch

and the EM carnage continues | Ecency