Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Emerging Market Central Banks Are Dumping US Treasuries
Episode 128 of The Emerging Markets Podcast digs into a quiet shift in global capital flows: emerging market central banks are selling US Treasuries at the fastest pace in decades. Lucas and Luna break down the numbers — China's holdings have dropped below $800 billion for the first time since 2009, and India, Brazil, and South Korea are following suit. What's driving the sell-off? The strong dollar is crushing EM currencies, making dollar-denominated reserves less attractive. But there's a strategic shift too: central banks are buying gold and diversifying into…
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