Turkey May Not be the Only Country Facing a Currency Crisis: Mark Mobius

The founder of Mobius Capital Partners LLP has said that Turkey may not be the only country that is facing a currency crisis right now. The investor said that companies that have good earnings and good margins will do well even in rising interest rates. According to him, if the currency of a country is weaker than other countries, then a lot of profit can be earned by exporting from there. The US Federal Reserve is acquiring fewer properties this month.