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Fitch's Inside Credit: Drop in EM FX Reserves Likely to Remain Widespread

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NEW YORK--(BUSINESS WIRE)--The latest edition of Fitch Ratings' Inside Credit newsletter features the fourth installment of our Global Perspectives series, focusing on falling emerging market FX reserves. Partial data for April suggests the steep decline in emerging market reserves is continuing, and remains widespread. After reaching an all-time high of USD8.17 trillion in June 2014, emerging market official foreign exchange reserves hit have been falling steadily by an average of USD58 billio

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