INSUBCONTINENT EXCLUSIVE:
foreign-exchange window so that foreign investors cannot get out, that will be a very, very bad example for other emerging markets," Mobius
said in a Bloomberg TV interview with Rishaad Salamat and Haidi Lun
down by around 26 percent this month.
White House National Security Adviser John Bolton said Monday that there was nothing further to
with what he said just over a month ago
President Erdogan has been able to stay in power because of his ability to keep the economy going, Mobius said in a July 11 interview after
Erdogan tightened his grip on the central bank and appointed his son-in-law as economic czar.
Malaysia introduced capital controls in 1998
during the Asian financial crisis
Although criticized at the time by the International Monetary Fund, they were ultimately seen as helping to stabilize the economy.
While the
current turmoil in emerging markets is creating opportunities -- in Brazilian consumer stocks, for example -- investors need to be careful,
