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POLL-China's reopening set to help EMFX get back on track

por Chad Skurrie (20/04/2023)


BENGALURU, March 3 (Reuters) - The Indian rupee will remain at its current level three months from now and gain only marginally by the end of February 2024, barely recouping any of its losses from last year, a Reuters poll of foreign exchange strategists fo

Cadeau is a junior from New Jersey who attends Link Academy in Branson, Mo.
Before settling on the Tar Heels, the 6-footer considered offers from Louisville, Texas, Kansas, Texas Tech and Syracuse. His only official visits were to Louisville, Texas Tech and North Carolina.

"Currently, the RBI is protecting the 83 level, but it would be very difficult going ahead," said Tarun Sangtani at Vadilal Forex, one of the most accurate forecasters on Asian currencies last year according to StarMine SmartEstimate calculati

Cadeau told ESPN of the Tar Heels' coach, "Hubert Davis has been recruiting me for a long time. He has made me a priority, and that means a lot to me. He said I would have a chance to start. Coach Davis is a genuine guy."

For the teens: James Wan added, 'Listen, I've done PG-13 films and I've done R-rated films. So I think it's about whatever is most suitable for the film, and YourAnchorTexts even though M3GAN is a scary movie, teenagers will really dig this' (pictured 2022)

The movie hasn't gotten great early reviews, holding just a 6 out of 10 on M3GAN is set for a wide release in the United States on January 6 though it had a premiere in Los Angeles early in December.   

James Wan added, 'Listen, I've done PG-13 films and I've done R-rated films. So I think it's about whatever is most suitable for the film, and even though M3GAN is a scary movie, teenagers will really dig this. They'll really like it, and I think it will speak to them in a big way.' 

Emerging markets face the significant risk of an extended series of Fed interest rate hikes and a strengthening dollar, both of which increase the burden of hard-currency denominated debt and lead to tighter financial conditi

China may set an economic growth target as high as 6% in a bid to boost investor and consumer confidence and build on a promising post-pandemic recovery, according to sources involved in policy discussi

"A lack of an independent central bank and an unorthodox view on monetary policy should keep the lira on a weakening trend against the greenback for the foreseeable future, unless the presidential election this May results in regime change," said Brendan McKenna, international economist at Wells Fa

But China's reopening is expected to stimulate domestic consumption and tourism, which would benefit its neighbours in North and Southeast Asia, as well as various emerging economies that rely on commodity expo

(For other stories from the March Reuters foreign exchange poll:) (Reporting by Vuyani Ndaba and Vivek Mishra; Polling by Veronica Khongwir and Vijayalakshmi Srinivasan; Editing by Ross Finley, William Macl

"The dollar is strengthening once again, and if the Fed continues hiking it will definitely be beneficial for the dollar and there will be pressure on the rupee," said Aditi Gupta, an economist at Bank of Bar

In the near-term, much will depend on interest rate differentials, mainly driven by the U.S.
dollar. The Reserve Bank of India (RBI) is nearing the end of its tightening campaign with one last 25 basis point hike expected in April to take its main interest rate to 6.