Future Flows: Spring in Autumn?
August 18, 2008
The persistence of risk aversion is heightening the focus of cross-border emerging market players on financial future flows. In both EEMEA and Latin America, bankers are out pitching old-time originators, along with new entrants - a decision on a diversified payment right (DPR) deal is expected soon from the Bank of Azerbaijan (ASR,8/8/08), and Peruvian banks are keen too (ASR, 7/20/08).
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