Foreign exchange volatility is set to increase as central banks allow currencies to adjust to a fresh global shock driven by rising energy prices and geopolitical tensions, the International Monetary Fund (IMF) has said. Speaking at the IMF/World Bank Spring Meetings in Washington D.C., Pierre-Olivier Gourinchas, the Fund’s Economic counsellor and director of Research, said […]
read more FX volatility set to rise as Central Banks step back from currency defense – IMF