The document provides a performance analysis of various emerging market (EM) currencies against the US dollar, highlighting the Russian Ruble (RUB) as the best performer over the past month. It includes two tables: one showing currency performance on days when the dollar is down versus up, and another showing USD/EM performance differences and percentage changes over the past month. The document also notes that the RUB is considered very cheap based on fundamental valuation metrics, being 10% undervalued according to the DBeer model.
doj/DataSet10/EFTA01387448.pdf
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