BLOOMBERG Bloomberg Best November 28, 2015
Never forget. That is the day that the bank unexpectedly put the frank against the euro at 1. 20, the of 85,umped to a low that is a drop of 29 before closing down. 19 , the biggest drop ever, the lowest close ever. It prompted a selloff in companies. The policy shift was unexpected and it would hurt exports. This is not the only central bank that caused a massive ripple across markets. We will look at china, and the devaluation, the biggest oneday 1990since the january five. And also prompted a widespread selloff and emergingmarket assets. This is the emerging market index, and the two weeks ...