This report, which forms part of the FSB’s work programme on non-bank financial intermediation, presents the findings of FSB work with IMF staff on the interaction between US dollar (USD) funding and external vulnerabilities in emerging market economies (EMEs).
COVID-19
FSB Chair’s letter discusses current challenges for financial stability following Russia’s invasion of Ukraine, and the FSB’s work to bolster financial system resilience.
20 April 2022
FSB Chair’s letter presents the current outlook for financial stability and sets out the FSB’s plans to assess and address emerging vulnerabilities, including in commodity markets, in the coming months.