Accounting for global liquidity: reloading the matrix

By   /  April 20, 2017  /  Comments Off on Accounting for global liquidity: reloading the matrix

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MIL OSI Global Banks

Source: Bank for International Settlements – Press Release/Statement:

Headline: Accounting for global liquidity: reloading the matrix

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the IMF-IBRN Joint Conference “Transmission of macroprudential and monetary policies across borders”, Washington DC, 19 April 2017. Exchange rates affect the economy through a financial channel, as well as the trade channel. The financial channel works in the opposite direction to the trade channel. In emerging market economies especially, a weakening of the …

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