Emerging market central banks are investing in assets denominated in the following currencies: Canadian dollar (CAD), Australian dollar (AUD), Swiss franc (CHF), Danish krone (DKK) and Chinese renminbi (CNY).
What does EMCB stand for?
EMCB stands for Emerging Market Central Bank (economics)
This definition appears very rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of EMCB
We have 3 other meanings of EMCB in our Acronym Attic
- Electromagnetic Compatibility Analysis Program
- East Midlands Consortium for Asylum and Refugee Support (UK)
- Electricity Markets Complex Adaptive Systems
- Electromagnetic Compatibility Assurance Software
- Evaluation of Material Control and Accounting Systems
- Electromagnetic Characteristics of Aircraft Structural Elements
- Expert Motor Carrier Selection System
- East Midlands Clothing and Textiles (UK)
- Emergency Management Computer Aided Trainer
- Electrician's Mate, Construction Battalion (US Navy)
- Engineering/Mines Classroom Building (University of Utah)
- Environmental Management Capacity Building (World Bank)
- Extended Miller-Chang Bound
- Electricians Mate, Construction Battalion, Communications (US Navy)
- Environmental Management Consolidated Business Center (US Department of Energy)
- Environmental Mining Council of British Columbia (Canada)
- Electricians Mate, Construction Battalion, Draftsman (US Navy)
- Electricians Mate, Construction Battalion, General (US Navy)
- Electricians Mate, Construction Battalion, Line and Station (rank; US Navy)
- Environment Management Capacity Building Project (World Bank)
Samples in periodicals archive:
Central Bank's net buying of gold rose by 29 percent in 2012 (source: WGC) and this look set to continue with demand in particular being led by emerging market central banks as they seek a way to diversify from dollars and euros.
Pierre says if you apply that figure to the potential gold holdings of the emerging market central banks, they would need to accumulate 17,000 tons of gold.
Real interest rates in the developed world remain at record lows, while emerging market central banks have been starting to unwind policy.
Emerging market central bank bosses, who fought pitched battles to keep inflation in check during QE1 and especially QE2, have been growling again about what might happen if western governments introduce QE3.
So far in 2011, emerging market central banks have bought nearly 180 tonnes of gold, more than double the roughly 73 tonnes purchased by central banks globally in the whole of 2010.
Therefore, the emerging market central banks are likely to remain net buyers in the near future, according to QNB Capital.
Emerging market central banks are also apt to tighten more aggressively.