Currency risk in emerging-market investing: weaker local money, dollar-priced talent
dunkhippo33 · x · 2026-10-23
Continuing his cross-border investing thread, the investor notes the fund wires dollars while the company earns local currency — if the currency drops, their stake shrinks. It also complicates hiring, since top talent often has offers from multinationals that peg salaries to the dollar.
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