It’s cold out there: why the Philippines is turning to NDFs
The Philippine central bank is resorting to a measure first implemented in the 1997 Asian Financial Crisis. Is this the first sign of a big chill in regional FX markets?
At International Monetary Fund’s annual meeting in Bali last week, Indonesian president Joko Widodo likened the drama in the global economy to the popular television series Game of Thrones.
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