Em Global Tremors September 2018

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EM Global Tremors: Central Banks’ Different Strategies to Defend Their Currencies

By Rémi Bourgeot

4 September 2018

In this report we discuss:

• Recent economic and financial developments in Emerging Markets (EMs);
• Long-Term REER trends;
• The various strategies implemented by central banks to defend their currencies; and
• The conditions for the recent episode to become a generalised EM crisis (or not).

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