Foreign exchange in demand

Foreign exchange in demand

Bad deal: the Indian rupee has declined 16% against the dollar in 2013, it has been one of the worst hit by the tapering of cheap money from the US

Emerging currencies pay price for end to cheap money

October 1, 2013

Expectations of rising US treasury yields have hit emerging market currencies hard, but not all currencies are equally vulnerable.

Emerging market FX still in demand

October 1, 2013

A sell-off in some emerging market currencies owing to expectations of higher US interest rates cannot disguise the long-term trend toward greater foreign exchange activity for global banks in emerging markets.

Mapping the FX opportunity in emerging markets

October 1, 2013

With smaller banks accounting for a growing share of the foreign exchange business for the largest broker-dealers, The Banker has conducted a survey of the landscape in emerging markets.

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