Analysts at Brown Brothers Harriman make a good point:
"We find that a one-off devaluation often leads markets to believe that another one may be delivered, sparking capital outflows and leading to a self-fulfilling prophecy," they wrote today.
Forex – financial instrument.Forex news
Analysts at Brown Brothers Harriman make a good point:
"We find that a one-off devaluation often leads markets to believe that another one may be delivered, sparking capital outflows and leading to a self-fulfilling prophecy," they wrote today.