Financial resilience may be tested further by Covid-19 – IMF

IMF Headquarters 2 Washington DC 524.jpg
Photo: John Harrington

The International Monetary Fund says central bank actions have helped stabilise markets in the wake of the Covid-19 shock, but further turbulence could be on the way.

Emerging markets are already facing a “perfect storm”, having suffered the sharpest capital outflows on record during the opening stages of the Covid-19 pandemic. Further problems could stem from fire sales by asset managers and rising defaults, the IMF’s latest Global Financial Stability Report says.

“As firms become distressed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account