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Sunday, February 5, 2023

APAC reserves fall sharply in 2022: Fitch

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Decline by roughly $ 590 bn over seven months Official reserves among the portfolio of rated sovereigns in the Asia Pacific (APAC) fell steeply in the first seven months of 2022 (7M22) with the strengthening of the US dollar, stated Fitch Ratings. Many sovereigns in the region still have substantial[…]

The post APAC reserves fall sharply in 2022: Fitch appeared first on The Morning – Sri Lanka News.

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