I'm Positive on EM Currencies, says Woodman Asset's Berg

The video discusses the positive outlook for emerging market currencies, particularly in EMEA and LATAM regions, following central bank interventions in Argentina and Turkey. It highlights the Brazilian real's rally due to election outcomes and the ruble's potential boost from rising oil prices. The Turkish lira is also expected to recover as the currency crisis subsides and inflation stabilizes.

What role does oil play in the performance of the ruble according to the discussion?

What actions have central banks taken in Argentina and Turkey that have influenced emerging market currencies?