Why have emerging market currencies been so resilient?

In the latest episode The Currency Exchange, Eimear Daly and Alvaro Vivanco discuss the enduring strength of emerging markets, and the exception to this trend - South Africa. They take a closer look at the fundamental economic strengths in these countries, and the effects on FX carry.Remember to hit ‘subscribe’ so you can watch our latest episodes as soon as they’re available – and hit the ‘like’ button so it’s easier for others to find. NB: This was recorded on 29 June 2023. For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html