22 December 2017 EM Currency Handbook 2018: Still Fuel in the Tank Contributions by Cesar Arias Mahesh-Kumar Bukka Kaushik Das Jose Faria Roberto Fernandez Alan Fredes Arnab Ghosh Sameer Goal Alberto Iturra Alireza Kharazi Juliana Lee Gerald Leon Ramiro Lucas Danelee Masia Kubilay Ozturk Elina Ribakova Twisha Roy Daisy Sharma Jundong Zhang Zhiwei Zhang Page 110 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0076913 CONFIDENTIAL SDNY_GM_00223097 EFTA01379437