Template-Type: ReDIF-Article 1.0
Author-Name: Julian Caballero
Author-Name: Alexis Maurin 
Author-Name: Philip Wooldridge
Author-Name: Dora Xia 
Title: The internationalisation of EME currency trading
Abstract: The participation of non-residents in foreign exchange (FX) markets for emerging market economy (EME) currencies has increased to the point where these markets are almost as internationalised as those for advanced economy (AE) currencies. Nevertheless, the overall volume of trading in many EME currencies relative to economic activity remains much less than that in AE currencies. This reflects EMEs' smaller domestic investor base and lower degree of international financial integration
Journal: BIS Quarterly Review
File-URL: http://www.bis.org/publ/qtrpdf/r_qt2212g.pdf
File-Format: Application/pdf
File-URL: http://www.bis.org/publ/qtrpdf/r_qt2212g.htm
File-Format: text/html
Year: 2022
Month: December
Classification-JEL: F31, F36, G15
Handle: RePEc:bis:bisqtr:2212g