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Internationalization of Emerging Market Currencies--A Balance Between Risks and Rewards

Internationalization of Emerging Market Currencies--A Balance Between Risks and Rewards

By Faisal Ahmed, Shengzu Wang, Mrs. Isabelle Mateos y Lago, Samar Maziad, Stephanie Segal, Pascal Farahmand & Udaibir S. Das Finance 19/10/2011

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

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