JOURNAL ARTICLE

Emerging Assets Fall for First Time This Week as Oil Prices Jump.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Wong, Marcus 3 of 3

Abstract

The article focuses on the decline of emerging market equities and currencies following attacks on key Middle Eastern energy facilities, which caused oil prices to surge. The MSCI Emerging Markets (EM) Index dropped 2%, with currencies such as the Thai baht, Philippine peso, and Malaysian ringgit leading losses amid concerns over inflation and investor sentiment due to the escalating conflict involving Iran. Central banks in the Philippines and Indonesia have adjusted their foreign exchange interventions in response to currency volatility. Additionally, Moody's Ratings upgraded Bolivia's credit rating to Caa3 from Ca with a positive outlook, citing the government's commitment to meet upcoming dollar bond payments. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:192419210
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