Frontier markets: Innovative industry leaders drive returns
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Frontier markets: Innovative industry leaders drive returns
Frontier markets: Innovative industry leaders drive returns
Allan Gray Unit Trust Management
Q3 of 2024 | 7 months ago
There have been some notable moves in frontier currencies relative to the US dollar over the past 12 months, including significant weakening of the Egyptian pound and the Nigerian naira. This follows a material decline of the Sri Lankan rupee in 2022. Companies that produce fast-moving consumer goods (FMCG) and other consumer-facing companies have to employ various strategies to combat these currency movements.