The Rio Times
Key Points — The Argentine peso was the best-performing emerging market currency in March, appreciating 2.3% while the median EM currency depreciated 4% against the dollar — Local-currency rates compressed 241 basis points in Argentina versus a median increase of 50bp across 24 emerging markets — making it the top carry trade globally during the […] The post Argentine Peso Best in Class: #1 EM Carry Trade While Iran War Sinks Currencies appeared first on The Rio Times .
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