LONDON, June 17 (Reuters) - A weakening U.S. dollar is lifting a long-neglected asset class - emerging market local currency debt - after a more than decade-long drought. Emerging market local - ...
Options traders are betting on at least a 10% gain in emerging-market local-currency bonds over the next three months, ...
Speculation around possible currency agreements has emerged as a key theme in foreign exchange markets, according to Bank of America Securities, while the tailwind from U.S. fiscal policy is fading.
As part of the agreement, IFC will provide ABSL with an unfunded risk-sharing facility of up to $10 million in local currency ...