Reported 4 months ago
Recent political developments in Mexico, South Africa, and India have significantly impacted their respective markets, with Mexico's peso and South Africa's rand experiencing declines following election surprises, and India's equity markets reacting to the lack of a landslide win for Narendra Modi. The unexpected outcomes of these political events serve as a reminder of the importance of considering political risk in emerging markets, as seen through significant market reactions in these countries compared to others like Taiwan, Pakistan, Indonesia, Russia, and Turkey. The article discusses the market repercussions and potential future implications of the political events in these countries.
Source: YAHOO