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Central Bank Mettle in Focus as Dollar Saps Emerging Markets

Netty Idayu Ismail, Justin Villamil, Lilian Karunungan, Alexander Nicholson
Central Bank Mettle in Focus as Dollar Saps Emerging Markets

It’s stacking up to be another roller-coaster week for emerging markets, still reeling from a sell-off that drove stocks into a bear market for the first time since March 2016. Central banks in Turkey and Russia will make key rate decisions, with investors waiting to see how far policy makers will go to defend their weakening currencies. Meantime, the near-fatal stabbing of election front-runner Jair Bolsonaro will remain a focus in Brazil.

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