NEW DELHI/SAO PAULO/ISTANBUL -- Consumer prices have spiked in many emerging countries due to the coronavirus pandemic, tying the hands of central bankers that wished to use looser monetary policy to shore up disrupted economies.
The global downturn has taken a toll on emerging-market currencies as investors shun economies seen as fragile. This toll has raised the cost of imported products and pushed domestic prices upward.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.