Thu, Mar 5, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Defending currencies? More like digging a hole

Posted on 23 July 2013

Emerging market policymakers who have in recent times tightened monetary conditions in an effort to shore up their currencies, may be digging themselves into a hole, economists have warned.
Brazil, Indonesia and most recently India have tightened monetary policy in the face of rapid currency depreciation stemming from worries over the Federal Reserve scaling back its extraordinary monetary stimulus. But there are concerns that the moves will do little to support currencies with economic growth suffering as a result………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39513 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031