The most vulnerable emerging market of them all is still Turkey

INSUBCONTINENT EXCLUSIVE:
that make it the most exposed emerging market to external shocks, according to Bloomberg Economics. Inflation is the highest among peers
future. Argentina is next most vulnerable, followed by South Africa and Egypt, according to the study. Even though currencies and bonds have
held up well compared with stocks this quarter, there are a host of headwinds that could reignite a sell-off
Saudi Arabia are the most robust markets, the analysis concluded.