We have revised forecasts for emerging currencies several times but it is a moving target, this is an issue of strong dollar and we seem to be in one of those secular dollar strengthening periods. Cristian Maggio More Quotes by Cristian Maggio More Quotes From Cristian Maggio Pegs are sustainable only as long as you run a big current account surplus and there are inflows that allow central banks to support their currencies. Cristian Maggio business The rand has reacted badly to the inflation data, which came in below expectations as it reduces the odds of a rate hike. Cristian Maggio company-news In Hungary they introduced a scheme to convert household liabilities and banks presumedly hedged their positions at the end of last year, while on the case of Poland we do not know of any such intervention to reduce the imbalance. Cristian Maggio company-news
