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The currencies of several emerging countries depreciate at a rapid pace. Does it imply that you should not invest in their stock markets? For example,

The currencies of several emerging countries depreciate at a rapid pace. Does it imply that you should not invest in their stock markets? For example, the Polish zloty went from 15,767 to 21,444 zlotys per U.S. dollar in 1993. The Polish stock market went from 1,040 to 12,439 during the same period. Guess why the zloty depreciated.

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