FX Markets

Emerging Markets Funds Down In November According To Parker Emerging FX Index

NEWS

STAMFORD, CT--Currency managers investing in emerging markets had a difficult month in November 2000, according to the Parker Emerging FX Index released last week.

The index, which tracks the performance of six managed programmes investing in emerging markets currencies, was down 0.27 per cent in November.

The downturn was partly caused by developments in the Turkish and Latin American economies, says president of Parker Global Strategies, Virginia Parker, who is based at the firm's office in

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