Developing countries fight capital outflows

Note: This section contains information in English only.
Source: Bloomberg
Leaders in developing countries took actions to deal with a capital outflow as investors speculate that growth in emerging markets might be harmed by upcoming end of ultra-loose monetary policy. India and Thailand sold dollars in the last several days to fight depreciation of their currencies. Brazil said it is likely to partly unwind its capital controls. The MSCI EM index slid 1.8% today so far.
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Thu, 13 Jun 2013 10:22:11 GMT

World Bank trims forecast for world economic outlook

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Thu, 13 Jun 2013 10:00:06 GMT

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