EM fx intervention (if I read this chart right @jnordvig ) has consisted most of the time (even in 2020) in selling local currency & buying fx to keep currency at “competitive” levels.
moneyinsideout.exantedata.com/p/em-capital-f… https://t.co/uBxEjvmc9c
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…