FX and derivatives markets in emerging economies and the internationalisation of their currencies

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Torsten Ehlers; Frank Packer;
  • Journal: BIS Quarterly Review,issue December
  • Subject:
    • jel: jel:F31 | jel:P45 | jel:G20 | jel:G15

Derivatives markets in emerging economies have continued to grow since 2010, driven mostly by very strong growth in the OTC market. Emerging market currencies have become more international as offshore markets are a major contributor to FX turnover. The Chinese renminbi... View more
  • References (6)

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