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> 2) The People’s Bank of China surprised the markets with rate cuts last Friday 3) Malaysia cut fuel subsidies just days after Indonesia’s new President Joko Widodo took similar measures 4) Nigeria devalued the naira, moving the peg rate and widening the band around that rate to +/- 5% from +/- 3% previously 5) Joaquim Levy will be the new Finance Minister for Brazil Read more
Mario Blejer & Eduardo Levy Yeyati,
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