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2021-07-06

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Deutsche Bank launches indexes to track 21 emerging market currencies

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6 (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market <a href=\"https://laohu8.com/S/EM\">$(EM)$</a> currencies, indicating a growing relevance and importance of developing markets in the global economy.</p>\n<p>The set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows, growing proportion of government debt issuance, and a significant jump in transaction volumes in FX.</p>\n<p>\"The new indices track both spot and carry performance of 21 emerging market currencies, serving as a comprehensive set of barometers for EM investors tracking FX,\" Deutsche Bank EM strategist Oliver Harvey said in a 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6 (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market <a href=\"https://laohu8.com/S/EM\">$(EM)$</a> currencies, indicating a growing relevance and importance of developing markets in the global economy.</p>\n<p>The set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows, growing proportion of government debt issuance, and a significant jump in transaction volumes in FX.</p>\n<p>\"The new indices track both spot and carry performance of 21 emerging market currencies, serving as a comprehensive set of barometers for EM investors tracking FX,\" Deutsche Bank EM strategist Oliver Harvey said in a 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