Second, EM currency and EM local currency bonds — which are among the largest allocations within the All Asset strategies — both benefit from higher real interest rates in EM relative to developed markets, as well as recent appreciation of EM foreign exchange rates (arising from cheap valuations). (pimco.com)
As a companion to Jenkins's recent appreciation of Wong Kar - wai in our (criterion.com)
The central bank also released its latest quarterly report on the economy, which says, «export growth will be limited by the recent appreciation of the Canadian dollar, alongside that of the U.S. dollar, vis - à - vis most other currencies.» (canadianbusiness.com)