Study highlights risks from capital and currency inflows

The report for the Committee on the Global Financial System, set up by the G10 group of central bankers, said that some of the risks it identified had materialized during the recent financial crisis.

“This crisis therefore puts renewed emphasis on the need to strengthen local financial systems,” it said, underlining the vulnerability of countries with “open” capital transfers to financial shocks originating from abroad.

Read Full Story

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>