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under pressure and continued to depreciate against the US dollar in October
(BRL: -0.1%; MXN: -3.7%; CNY: -0.3% MoM).
Monetary Conditions and
of emerging market economies, which depreciated
against the US dollar in September (BRL: -1.56%; MXN: -2.19%; CNY: -1.16%; TRY: -2.64%).
MONEY
currencies of emerging market economies predominantly trended downwards against the US dollar
(BRL: -4.8%; MXN: -1.8%; CNY: -1.0%), except the Turkish lira.
FXJPEMCI index is calculated by JP Morgan for ten main EM currencies (BRL, CLP,
CNY, HUF, INR, MXN, RUB, SGD, TRY, and ZAR) against the