international capital (1) 썸네일형 리스트형 Big Asian economies take on the forces of international capital—and win-They are now rebuilding their arsenals(23-2-22)/에코노미스트 Battling currency markets used to be considered unwise by central bankers and policymakers. Burning foreign-exchange reserves to take on the forces that push and pull a currency’s value was foolish, so the thinking went, and almost certainly futile. Orthodoxy held that a country seeking to defend its currency should raise interest rates, not sell reserves. This was put through a real-world test .. 이전 1 다음
