Impact of Exchange Rates on Emerging Markets Stock Exchange Performance, Slides of Management Fundamentals

Download Impact of Exchange Rates on Emerging Markets Stock Exchange Performance and more Slides Management Fundamentals in PDF only on Docsity! Emerging Market Consistency  STOCK EXCHANGE % Change 2006/2005 (in USD) China 138.4% Venezuela 99.0% Indonesia 73.1% Russia 70.7% Poland 61.4% India 51.3% Mexico 47.8% Brazil 45.2% Singapore 40.4% South Africa 24.9% Docsity.com Emerging Market Consistency  STOCK EXCHANGE % Change 2007 (4/25) /2006 (in USD) China 60.2% Turkey 30.9% Poland 24.1% Malaysia 23.8% Pakistan 21.6% Brazil 17.7% Czech Republic 16.6% Chile 15.6% South Africa 14.4% Singapore 14.1% Docsity.com Exchange Rates Impact in 2005  Region 2005 Return in Local Currency 2005 Return in US dollars Americas 7.6% 8.2% Asia-Pacific 27.2% 18.3% Europe/Africa/ Middle East 23.6% 8.1% Average 16.0% 10.0% Docsity.com APPENDIX 5: THE CASE FOR EMERGING MARKETS Docsity.com History of Emerging Markets  • In the late 1980s, emerging markets became the  new frontier of global investing.  • In the early 1990s, these markets exhibited  spectacular returns, only to be followed by an  exceptionally long span of volatile and  disappointing results.   • During the 1990s these markets moved from one  crisis to the next:  – the Mexican peso devaluation of 1994.  – the Asian financial crisis of 1997‐1998,   – and the Russian ruble devaluation and debt default of  1998.  – Argentina debt crisis of 2000  Docsity.com