Emerging-Market Central Banks Are Losing Battle Against Traders
The Reserve Bank of India (RBI) logo is displayed outside the central bank’s headquarters in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

Emerging-Market Central Banks Are Losing Battle Against Traders

(Bloomberg) -- Central banks in emerging economies are losing the battle with markets as their efforts to shield their currencies struggle for traction, suggesting policy makers have more work to do.
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