@ntrickett16 @IikkaKorhonen @BuddyYakov @jeff_hawn Why does "offshoring" a chunk of the trade surplus in a fx reserve increased fragility? It

@ntrickett16 @IikkaKorhonen @BuddyYakov @jeff_hawn Why does "offshoring" a chunk of the trade surplus in a fx reserve increased fragility? It helps to contain Dutch disease.

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