Investors’ taste for EM depends on central bank actions – ABN Amro
How major central banks undertake monetary policies will determine whether some emerging market currencies can thrive
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If the world’s major central banks continue to carry out their respective monetary policies carefully, then investor sentiment towards emerging markets (EM) will remain constructive and allow some of these currencies to thrive, says Georgette Boele, a senior foreign exchange strategist at ABN Amro.
The bank topped last week’s 12-month EM forecast table with close calls on the Chinese renminbi and the Brazilian real.
“If global major central banks start to
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