Emerging Markets Economics

Frontier Markets Monthly Wrap

20 November, 2015

Frontier markets scramble as Fed hike approaches

Central banks across the world’s frontier markets are preparing themselves as the US Federal Reserve finally moves toward its first rate hike in nine years. Central bankers in Angola, Ghana, Zambia, Mozambique, Trinidad & Tobago, and Argentina have all raised rates in recent weeks. And the dollar-pegged Gulf States will be forced to follow the Fed’s lead.

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