Good one Ron. I liked it. I expect that turmoil will for be there for two three months. Em markets currency will be stable thereafter. I dont expect much growth from Euro region, and us can grow with the range of 2-2.5%. India Central bank also raised Repo rate and msf by 25bps. It think Em should reduce their too much dependence on Foreign inflows and start investing their own money.
Good one Ron. I liked it. I expect that turmoil will for be there for two three months. Em markets currency will be stable thereafter. I dont expect much growth from Euro region, and us can grow with the range of 2-2.5%. India Central bank also raised Repo rate and msf by 25bps. It think Em should reduce their too much dependence on Foreign inflows and start investing their own money.