Emerging economies, vowed to fight the second round of quantitative easing, the Fed.

<P> Integrated media reported on November 4, Brazil, Korea and other countries pledged to take the New Deal policy makers on the 4th stop of capital inflows after the Fed announced the injection of billions of dollars to rescue their economies. .</ P> <P> emerging economies of the reaction indicates that next week (8 week) G20 summit in South Korea is difficult to achieve significant agreement. .</ P> <P> 4, the South Korean Ministry of Finance Planning (MinistryofFinanceandStrategy) "send a message to the market," said the ministry would "actively" considering the control of capital flows, trade ministers of Brazil, called the Fed move could lead to "retaliatory measures." .</ P> <P> Earlier, the United States hopes to achieve current account balance using G20 specific numerical targets, and carried out by the G20 once again reached a non-commitment to competitive devaluations. .</ P> <P> Credit Suisse (CreditSuisse) OlivierDesbarres foreign exchange analyst said: "I think the current environment, there will be no national compliance objectives." "G20 leaders to put forward any reason for G20 finance ministers version two weeks ago more than .normative framework? "</ P> <P> 6,000 billion U.S. dollars in the Federal Reserve announced plan buy bonds, sell the Bank of Korea 4, won the won to curb rising momentum. .Before the Fed announced that the South Korean won has hit a 6-month high. .</ P> <P> other high yielding currencies are also up, which exceeded $ 1 dollar mark to a new record high in 1982. .</ P> <P> public, the South Korean officials have reached a substantive agreement on the G20 optimistic. .But in private, the support agreement reached by the specific figures have been due to optimism in Germany, China is opposed to the weakening. .</ P> <P> unnamed South Korean official familiar with the matter said: "It's hard, after that we will set the figure at the summit." </ P> <P> official forecast of more than G20. .Central bank adviser, said Xia Bin, the Chinese need to consider what kind of things that benefit themselves. .</ P> <P> G20 Korea before the summit in order to avoid embarrassment and temporarily announced control of capital flows, the summit of other participating countries are less subtle. .</ P> <P> emerging powers Brazil over the past few weeks, a range of policies to curb the appreciation of the Brazilian real, the measures include direct intervention in the market and to taxing capital inflows increased by 1 times. .</ P> <P> last week (October 25th week), Columbia announced a series of measures to help counter the appreciation of their currencies, these include the currency to stop the inflow of buying dollars in the forward market, reducing import tariffs to help .domestic industries. .</ P> <P> South Korea several times suggested some form of control measures to be taken, but investors disdain these hints. .3, South Korea, according to official figures, in October investors to buy Korean bonds any time in excess of 2009. .</ P> <P> In fact, South Korea seems to deal with the same intensity of capital flows to emerging market currencies as the bubble burst in preparation. .</ P> <P> Desbarres Credit Suisse, said: "When the decline in risk tolerance, the dollar liquidity squeeze, the South Korean banks and enterprises will be unable to extend foreign currency debt." </ P>.