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Turkey’s unpredictable macro policies could leave the treasury with a sizeable bill stemming from FX-protected lira deposits. The baseline for public...
There have been long, multi-year cycles in the US dollar over the last 50 years, often linked to divergent monetary policies or structural re-ratings...
Asian currencies have broadly struggled in recent months due to the strengthening of the US dollar on the back of favorable growth and rate...
The IDR and INR were the only Asian currencies that depreciated against the USD in 2020. Last year we highlighted the twin deficit risks that were...
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