Edition:
United States

Karin Strohecker

Absturz der Lira bringt Türkei in Bedrängnis

Oct 12 2020

London Die türkische Lira fällt ungebremst und steuert zum Dollar auf die Marke von acht Lira zu.

RPT-GRAPHIC-EM central bank easing runs out of steam after 20 months of cuts

Oct 02 2020

LONDON, Oct 1 Central banks in developing countries have cut rates for 20 straight months, exceeding the easing cycles sparked by the 2008 financial crisis and in the wake of the 2010 euro crisis, though the pace of reductions continued to slow in September.

EM central bank easing runs out of steam after 20 months of cuts

Oct 01 2020

LONDON Central banks in developing countries have cut rates for 20 straight months, exceeding the easing cycles sparked by the 2008 financial crisis and in the wake of the 2010 euro crisis, though the pace of reductions continued to slow in September.

EBRD predicts deeper 2020 contraction, weaker 2021 bounce for its region

Oct 01 2020

LONDON The European Bank for Reconstruction and Development (EBRD) forecast a deeper economic contraction and softer recovery in 2021 for its region on Thursday, saying the fallout from the coronavirus had been longer lasting than expected.

Turkish rate hike needs follow through for real game change

Sep 25 2020

LONDON Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday's surprise interest rate hike could herald a change of tack on monetary policy.

Angola negotiates $6.2 billion debt relief from creditors: IMF

Sep 21 2020

LONDON/JOHANNESBURG Angola will receive $6.2 billion in debt relief over the next three years thanks to agreements lined up with three of its major creditors, the International Monetary Fund (IMF) said in a report released on Monday.

Emissions-linked Suzano bond seen spurring more EM firms to market

Sep 11 2020

LONDON Brazilian pulp and paper producer Suzano's recent oversubscribed $750 million carbon emissions-linked bond - the first of its kind for an emerging market firm - will likely spur others to tap strong demand from environmentally focused investors, analysts said.

GRAPHIC-Going lower: EM central banks deliver 19th month of interest rate cuts

Sep 04 2020

LONDON, Sept 4 Emerging market central banks continued to trim interest rates in August, with policymakers trying to shore up their economies to battle the fallout from the coronavirus pandemic, though the pace of reductions continued to slow.

UPDATE 3-Russian rouble up from lows in jittery trade, eyes on Belarus and Navalny

Aug 27 2020

* Belarus rouble falls to fresh record lows but bonds recover (Updates with rouble gains, adds detail on Belarus, comments)

Running on empty? Emerging markets burn through reserves fighting virus

Aug 27 2020

LONDON Reserves are running out for several emerging markets as governments from Belize to Zambia use up their financial firepower to fight the coronavirus crisis.

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