February 2013
Summary:
- Policy?initiatives?improve?the?situation?in?global?financial?markets
- Japanese?yen?depreciates?significantly?after?new?policy?stances
- Further?monetary?easing?in?South?Asia
A number of new policy initiatives adopted by major economies in late?2012 and early 2013 seem to have measurably improved the situation in?global financial markets. However, the uncertainties and downside risks?remain elevated. ??
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