# Emerging Markets Back In Crisis Mode, But The British Pound Bounces Back | Exchange Rates UK

> Emerging-market currency stress returned on Wednesday, with the Turkish lira continuing to fall and Argentina making headlines. Sterling rose on Barnier's comments on Brexit, which offset some of the broader market weakness.

- Date: 2018-08-30 · published 2018-08-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63788-emerging-markets-back-in-crisis-mode-but-the-british-pound-bounces-back
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Emerging-market currency turmoil can weaken importing countries' purchasing power for feed and grain, but this article does not show a direct commodity supply or price effect. The impact on feed markets is indirect.

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/22820/emerging-markets-back-in-crisis-mode-but-the-british-pound-bounces-back.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.