Currencies are melting down all over

For a long time, Morgan Stanley (MS) has kept a list of emerging market currencies that were running the worst account deficits and faced the greatest risk of being devalued against the Dollar. Those currencies are:

Brazil’s Real
India’s Rupee
Indonesia’s Rupiah
Turkey’s Lira
South Africa’s Rand

It’s been a good list and all of those economies have suffered considerably against the rising Dollar over the past few years but now China is giving some of these countries a double-whammy as they adjust their own currency and MS has added 10 names to their currency watch list (some overlap) and we should now also be concerned about .... http://investmentwatchblog.com