Amongst EM, Turkey’s experience of severe devaluation AND dramatic reserve loss in 2020 stands out. Others have used limited intervention

Amongst EM, Turkey’s experience of severe devaluation AND dramatic reserve loss in 2020 stands out. Others have used limited intervention to cushion devaluation. Thailand, Ph, Pl have seen appreciation and reserve accumulation! @IIF via @SoberLook https://t.co/kkWy8Cudat

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