EFTA Document EFTA01387448

broad dollar (chart 3). On a more simplistic level, RUB has been the best performer in EM over the past month, and the only currency to remain unchanged versus the dollar in this period of broad dollar strength (Figure 4). l'igum I. RI tl3 los tree :he 1/4 ..74 in FM on tiays dollar 'ITNY.)7,ns ticnktincil.. . Pollornam4 of USOJEM (14 date charge) on Dollar clown Oars I 4•IfC 2 perloruun tit the ouddic of Elle pa: ~traiti: tie Potlormarca of 490004 4% daft, Mogi) an Ws MOTS T - 0.6 6