Draghi still 'super Mario' to dollar-thirsty emerging markets

London

THE European Central Bank (ECB) president may still be "Super Mario" in emerging markets.

While Mario Draghi last week disappointed most investors in easing the euro-area's monetary stimulus by less than they expected, the resulting slide in the dollar against the euro provides some short-term relief to those developing economies long debt in the greenback and suffering from its recent surge.