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U.S. rate hikes could hit highly dollarized emerging market banks – Moody’s

U.S. rate hikes could hit highly dollarized emerging market banks - Moody's

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Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to weaker local currencies and increasing withdrawals in the face of tighter U.S. monetary policy, Moody’s said on Monday.

...read full article on Reuters

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