Marketplace Morning Report for Monday, June 3, 2013
Amid a surge of anti-government protests in Turkey today, the Turkish lira fell 0.6 percent compared to the U.S. dollar. But the story doesn't end there, many emerging market currencies are down as U.S. interest rates increase. Disasters, it is said, are great equalizers, striking rich and poor alike. But do the bonds forged in crisis survive recovery? And, guess which country has the most tippers.
Amid a surge of anti-government protests in Turkey today, the Turkish lira fell 0.6 percent compared to the U.S. dollar. But the story doesn’t end there, many emerging market currencies are down as U.S. interest rates increase. Disasters, it is said, are great equalizers, striking rich and poor alike. But do the bonds forged in crisis survive recovery? And, guess which country has the most tippers.