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Emerging MarketsEM CEE

Hawkish central banks reassure EM investors

AdobeStock_hawk_575x375_19March2021

A wave of central bank rate hikes across emerging markets over the last week, particularly in CEEMEA, has stimulated investor confidence amid a volatile period in global markets. The recent rise in US Treasury yields had threatened to pull money away from EM, with a further risk of weakening local currencies.

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