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According to a recent UN report, International Foreign Direct Investment (FDI) flows may contract by up...

According to a recent UN report, International Foreign Direct Investment (FDI) flows may contract by up to 15 percent due to Coronavirus, while the capital outflows from the emerging economies have already exceeded US$97 billion since January 2020.
Question: How would this affect the currency exchange rates in emerging markets? Provide the reasons for your answer as well
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