Sri Lankan central bank weighs impact of QE on emerging markets
Review highlights foreign exchange outflows in India and Indonesia
The Federal Reserve's decision to taper its asset purchases generated a great deal of turbulence in global financial markets and, yesterday, the Central Bank of Sri Lanka suggested the damage this caused in emerging markets outweighed the initial benefits of quantitative easing (QE).
In its latest financial system stability review, released yesterday, the Central Bank of Sri Lanka appraised the QE programmes unveiled by the major central banks after the financial crisis and their impact on
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