Emerging market currencies are facing fresh record lows against the US dollar. With central banks taking extreme measures to combat the economic fall-out from the coronavirus outbreak, along with the severe impact of slumping oil prices, people in South Africa, Iran, Mexico, Brazil and elsewhere are facing devalued or collapsing currencies as well as massive […]The post Central Bank’s Twitter Response Highlights Struggle in Emerging Markets and the Declining Value of Old Paper Money appeared first on The Daily Hodl.
