Is it time to invest in emerging markets?
Goldman Sachs Exchanges
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Emerging Market Central Bank Response
A stronger dollar on our ridge has not been good for emerging markets. EM countries have done a number of things to make themselves more resilient. They've moved away from having formal pegs to the dollar. So they haven't built up these imbalances. The whole dollar effect is still there, although it's actually weaker than it has been in the past.
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