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Given EM’s increased dependency on FX debt, the world is in dire of need of the restructuring tools to deal with the potential fallout from rate tightening, Bank of Thailand chief warns.
India's 200-basis-points commercial rates hike last month forced cash-strapped companies to start borrowing at shorter tenors. Those lucky enough to be cash-rich are being offered juicy deposit rates as banks plug ...
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.