<p class="MsoNormal">Andreas Schrimpf and Vladyslav Sushko explain the drivers and implications of the unwinding of carry trades, which were associated with financial market turbulence in August 2024.</p>

Andreas Schrimpf and Vladyslav Sushko explain the drivers and implications of the unwinding of carry trades, which were associated with financial market turbulence in August 2024.

<p>Andreas Schrimpf and Vladyslav Sushko explain the drivers and implications of the unwinding of carry trades, which were associated with financial market turbulence in August 2024.</p>

The carry trade unwind

Experts from the Bank for International Settlements (BIS) explain their work and discuss current issues for the global economy. As a hub for central banks and other financial regulatory and supervisory authorities, the BIS seeks to build a greater collective understanding of the world economy, foster international cooperation and support policy making.

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The carry trade unwind

The carry trade unwind

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