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Emerging markets are under pressure from rising debt, slowing growth, and soaring yields. Sri Lanka has already joined the ranks of Lebanon and Zambia with an historic failure to pay. But the panic may be overdone. Our model shows that risks concentrate in small economies, and that most big developing countries will likely remain immune even if pressure on frontier
Pakistan default risk has increased sharply amid political turmoil and uncertainty about talks with the International Monetary Fund (IMF), reported Dwan.
Risk.net research shows the potential for dealers to be left at a disadvantage to their foreign rivals
ISLAMABAD: The government’s error of judgment to pay the import bills unnecessarily on the advice of a coalition partner has depleted the foreign currency reserves. The move caused a massive...
Widening eligible collateral on table; ECB intervention would need government indemnities