China’s push for the adoption of a super-sovereign reserve currency points to a possible larger role for IMF’s Special Drawing Rights (SDR). The current international monetary system is a historical
A latent risk associated with probable increases in interest rates is the currency composition of debt issued by non-financial corporations in emerging markets. The Fed is expected to begin raising
Brazil’s economy, generally considered one of the safest bets among emerging markets, is on shaky ground. While many investors are fleeing, shrewd investors can take advantage of opportunities at steep discounts.
In the last couple of weeks, the Renminbi has lost nearly half of its 2013 appreciation against the U.S. dollar. Investor speculation and central bank monetary policy may both be