ISTANBUL -- As the U.S. and European central banks slowly tighten monetary policy, investors are growing pickier about emerging-market currencies, steering clear of countries with unsettled political climates.
Forex
Political risks shape emerging-currency markets
Uncertainty weighs in Turkey, South Africa; stability pays in India, Indonesia
The Turkish lira and South African rand have weakened in recent months as investors steer clear of political and diplomatic risk.
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