JOHANNESBURG/BUENOS AIRES/BENGALURU Most major emerging market currencies will hold gains made since March's coronavirus-driven drop into next year, supported by a weaker outlook for the dollar and hopes of domestic economic recoveries, a Reuters poll of FX strategists showed.
JOHANNESBURG South Africa's already recession-hit economy likely suffered its deepest-ever contraction in the second quarter but is set to grow strongly in the third as curbs to contain the coronavirus pandemic ease, a Reuters poll found.
BENGALURU/JOHANNESBURG/BUENOS AIRES Emerging market currencies are expected to rise a bit further in coming months as a sliding U.S. dollar offsets domestic worries about large economic imbalances stemming from the coronavirus pandemic, a Reuters poll showed.
JOHANNESBURG Sub-Saharan Africa's economy will contract this year after shutdowns disrupted activity and as daily cases of coronavirus are still rising in the region but a recovery is expected next year, a Reuters poll found on Friday.
BUENOS AIRES/JOHANNESBURG/BENGALURU Emerging market currencies will likely give back recent gains if a resurgence of the coronavirus pandemic continues in the second half of the year, driving foreign exchange flows to the safer U.S. dollar, a Reuters poll of market strategists showed.
JOHANNESBURG/BENGALURU/BUENOS AIRES Hobbled emerging market currencies will struggle over the next three months against the stronger dollar as tensions between the United States and China over the coronavirus pandemic mount, a Reuters poll of FX strategists showed.
JOHANNESBURG South Africa's economy will contract sharply this year as activity is hit by the coronavirus outbreak, despite expectations the central bank will cut interest rates again in May, a Reuters poll found on Monday.
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JOHANNESBURG/BENGALURU Fears that the coronavirus may trigger a global downturn will hit emerging market currencies harder than developed markets in the near term as the disease spreads more rapidly outside China, a Reuters poll found.
JOHANNESBURG South African inflation is expected to be lower in 2020 than previously forecast and the eventual reading could be lower still, a Reuters poll showed on Thursday, opening the door for the central bank to cut interest rates again during the year.