EM Scare - Are we having another "Asian" Crisis?

[B-hoop]

What do you guys think? EM currencies are all over the place the last weeks, Turkey's central bank had to raise rates by 5% overnight to stop capital outflows, etc. I believe with raising expectations for a raise in American rates in the next months a lot of EM countries will find themselves with dwindling reserves and currency devalueing. Just bought some dollars as an insurance.

[Stuckey]

same

the loonie (Canada) is devaluing as well

had to exchange a lot

Korean Won is did pretty well recently but I'm no expert