Tag: exchange rates

EM Exchange Rates, Bonds Amid Pandemic

The Bank for International Settlements (BIS) today released a BIS Bulletin entitled “Emerging Market Economy Exchange Rates and Local Currency Bond Markets Amid the Covid-19 Pandemic” written by staff members Boris Hofmann, Ilhyock Shim and Hyun Song Shin. Among the key findings in the report, the authors say portfolio investors face amplified losses as local […]