Emerging markets experienced steep declines this year, suffering far worse than their developed counterparts with the aggregate emerging market indices losing almost a quarter of their value since reaching highs in late April.
Tag: Foreign-exchange reserves
Nikko AM positive on Asian government bonds
In March, the Reserve Bank of India (RBI), the Bank of Thailand (BoT) and the Bank of Korea (BoK) cut their respective key interest rates by 25 basis points each to support economic growth. “We believe that central banks in India, Thailand and Korea will continue to lean towards looser monetary policies, which should provide […]