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BlackRock: Current Emerging Market Dollar Debt is Quite Attractive
Svmuu According to a report by BlackRock strategists, as the Middle East war pushes the dollar higher, emerging market dollar-denominated debt appears quite attractive. They pointed out that dollar-denominated debt is not affected by local currency fluctuations. The strategists also stated that compared to other emerging market assets, sovereign debt from commodity and energy exporting countries may be more resilient. (Jin10)
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