Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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May 1996

Emerging economy rating agencies: How many can play the rating game?


As bond markets develop in emerging economies, local rating agencies have sprung up, often at the bidding of the regulators. But investors remain sceptical about their objectivity, and the big two - S&P and Moody's - look set to defeat the newcomers. Ronan Lyons reports on differing approaches to similar goals


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