INRUSD Emerging Market Currency Crisis?

As interest rates rise in the US and US dollar strengthens emerging markets (EM) have to export
more for the same amount of US dollars. The other option is for EM exporters to the US to raise
prices which is inflationary or both. Either way foreign investment capital leaving the shores of
EM could lead to an Asia currency crisis 2.0.

Turkey
Sri Lanka
Lebanon
Russia (despite what people tell you that the RUB has strengthened against the $ which is false
The Black Market exchange rate is north of 200 rubles)

More on EMCC posts to come.