BlackRock: Emerging Market Dollar-Denominated Debt Currently Attractive

Odaily Planet Daily News - BlackRock strategists stated in a report that with the Middle East war driving up the U.S. dollar, emerging market dollar-denominated debt appears quite attractive. They pointed out that dollar-denominated debt is not affected by local currency fluctuations. The strategists also mentioned that compared to other emerging market assets, sovereign debt from commodity and energy-exporting countries may be more resilient. (Jin10)