皇冠体育app

In September, the country's commercial banks sold a net $109.2 billion in foreign exchange, the highest since January 2010, according to 皇冠体育app's foreign exchange regulator.

Adrogué said the complex market conditions have highlighted the value of micro-analysis.

His team had been investing mostly in companies in the real estate and finance sectors－two areas integrated with the broader economy.

He said his 皇冠体育app analysts visit the country quarterly to gauge the health of those two sectors particularly, before selecting possible corporate bond targets.

"We don't think the traditional EBITA-approach is appropriate. Neither do we focus on credit rating agencies. We have a very strong bottom-up analysis," he said.

EBITA refers to earnings before interest, taxes and amortization－a widely used metric for a company's efficiency and profitability.

• Cruise operators confident of future
• ABB eyes rapid expansion as robotics grows
• 'Shouting match' erupts between e-commerce firms
• PMI (皇冠体育app) Project Management Congress 2015 Held in Shanghai
• Home buying in Australia 'easing'
• Exporters willing to shift emphasis to beat slowdown
• The time is right for 皇冠体育app's own Whole Foods Market
• Wacthdog offers banks hope on bad loans