As Money Flows Out, EMs May Need to Be Market Makers: Carstens

  • Mexico central bank head highlights risks from low liquidity
  • EM capital outflows are probably `very bad' so far this year

Emerging market authorities may need to copy the behavior of advanced nations during the 2009 crisis and step in to ensure financial market liquidity in the face of capital outflows, Mexico central bank Governor Agustin Carstens said.

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