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Chart of the Day: Emerging markets gone wild

Never have so many Americans paid so much attention to the Turkish lira and what it means for their own economic well-being.

Markets have been on a roller coaster ride over the last 24 hours, as a massive interest rate hike from the Turkish central bank only temporarily reassured investors.

Source: Thomson Reuters

The lira, the South African rand, the Argentine peso and the Brazilian real have all been shaken in recent days by questions about the health of emerging markets, and trading Wednesday shows no sign of calming down.