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Currency Crisis in Emerging Markets Could Impact Sourcing Decisions

Some emerging markets, including those integral to the global textile and apparel supply chain, are vulnerable to a monetary crisis that has seen currencies depreciate rapidly against the U.S. dollar in recent weeks, according to a new IHS Markit global market report. Citing its “External Vulnerability Index,” IHS Markit said emerging markets such as India, Indonesia, South Africa and Ukraine…

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