Research assesses South Africa’s vulnerability to Fed hike
Countries with large ratios of external financing needs to FX could be more vulnerable
South Africa had not "significantly" boosted its resilience to rising interest rates in the United States in early 2015 compared with early 2013 during the so-called "taper tantrum", according to a working paper published by the South African Reserve Bank.
Vulnerability to Normalization of Global Financing Conditions: An Operational Approach, by Shakill Hassan, Merrisa Paul and Siobhan Redford, constructs "two simple indicators of external vulnerability" and compares findings for 2013 and 2015
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- ECB staff speak out against changes to internal survey
- Central bank of the year: Central Bank of Brazil
- French president calls for expanded ECB mandate