WSJ: Emerging Markets Fight Back to Bolster Currencies
Some emerging-market central banks started dipping into roughly $6 trillion reserve stash in June reversal.
Emerging-market central banks are tapping a roughly $6 trillion stash of foreign-exchange reserves as they struggle to contain deepening currency declines.
Policymakers across the developing world built up foreign reserve buffers over the past year, capitalizing on investor interest in higher-yielding emerging market assets.
The full article is available with a subscription here.
February 7, 2018
December 14, 2017
February 2, 2018