Trustnet Magazine 91 January 2023 | Page 41

Performance of indices in 2022
Real / lira

You don ’ t need to look too far for examples of emerging market currencies that rallied or collapsed over short periods

Performance of indices in 2022

MSCI Brazil ( 28.5 %)
MSCI Turkey ( 114.4 %)
120 %
100 %
80 %
60 %
40 %
20 %
0 %
-20 %
Jan22
Mar
May
Jul
Sep
Nov
Source : FE Analytics
Issue 91 - January 2023 / 41 /