KONTAN.CO.ID - NEW YORK. The outlook for emerging markets is broadly stable for 2019, even as they are set to face increased challenges from slower global growth, rising interest rates, trade protectionism and geopolitical tensions, Moody's Investors Service said on Thursday. Ample foreign exchange reserves, growing domestic markets and multiple monetary and fiscal policy tools will help most emerging markets weather these challenges, Anne Van Praagh and Atsi Sheth, managing directors at Moody's, said during a presentation on Thursday in New York. "There are challenges but there are also buffers," Sheth told Reuters on the event's sidelines.
Emerging markets 2019 outlook broadly stable: Moody's
KONTAN.CO.ID - NEW YORK. The outlook for emerging markets is broadly stable for 2019, even as they are set to face increased challenges from slower global growth, rising interest rates, trade protectionism and geopolitical tensions, Moody's Investors Service said on Thursday. Ample foreign exchange reserves, growing domestic markets and multiple monetary and fiscal policy tools will help most emerging markets weather these challenges, Anne Van Praagh and Atsi Sheth, managing directors at Moody's, said during a presentation on Thursday in New York. "There are challenges but there are also buffers," Sheth told Reuters on the event's sidelines.