Emerging economies keep billions in foreign reserves

Note: This section contains information in English only.
Source: Bloomberg
Many emerging economies, from China to Brazil, keep almost $3 trillion in foreign currency reserves, as they try to preserve their own currencies from the heaviest slump in more than five years. Brazil, Indonesia and India raise interest rates to support their national currencies, while the economic growth is slowing down. Moreover, some countries act in such a way to limit import amounts. 
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Wed, 04 Sep 2013 15:09:08 GMT

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