What global jitters mean for the Aussie

Our dollar has been swept up in a wave of anxiety that has slammed emerging market currencies.

We first heard rumblings of discontent from leaders of emerging market economies around the middle of last year when it looked as though the US was about to commence tapering quantitative easing. These rumblings are likely to get a whole lot louder this time around though, as the impact of US policy starts to bite these economies hard.

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