For more information please contact us
ashmail [at] ashmoregroup [dot] com (Email Ashmore)
The approaching dearth of Reserve Currencies
Weekly investor research
01 June 2015
In the not-so-distant future the world’s central bankers will have to find alternative global reserve currencies to replace the developed world incumbents. China has seen the light, but other Emerging Markets countries are still to fully grasp the risks and opportunities associated with the demise of the global reserve currencies in the years ahead. In other news, the EBRD takes a 10% stake in the Istanbul Stock Exchange, A-shares make their way into the FTSE Emerging Markets stock index and Brazil’s senate passes reforms. US GDP is revised down sharply amidst mixed higher frequency data and continuing concerns about Greece.
The full research is available on the link below.