Jan
20
Currency Ghosts Fade as Emerging-Market Central Banks Stand Pat
By-
South Korea, Malaysia poised to keep interest rates on hold
- China growth data key as trade-war concerns continue to loom
South Korea and Malaysia may provide further evidence this week that emerging-market central banks have successfully vanquished the currency crises of 2018, with policy makers in both countries forecast to hold interest rates steady.
Turkey, Indonesia and South Africa all kept rates on hold last week, underscoring how tighter monetary policy in many developing economies is keeping the lid on inflation, part of a mix that’s helping to fuel stocks, bonds and currencies…
Currency Ghosts Fade as Emerging-Market Central Banks Stand Pat
