Fear of appreciation in emerging economies: "Andrea Kiguel, Eduardo Levy-Yeyati, 29 August 2009
After a crisis-induced hiatus, the exchange rate landscape seems to be moving back to a situation that resembles 2007. This column says that fear of appreciation is part of a leaning-against-the-wind exchange rate policy that promises to be the norm for emerging economy currencies for years to come. That may pose difficulties for global rebalancing.
Full Article: Fear of appreciation in emerging economies"
Saturday, August 29, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment