Central bankers in vulnerable emerging market economies are taking action . This seen as an effort to plug severe gaps which threaten to destroy reserves . The initial response was positive : investors pushed up equity markets and emerging market currencies Wednesday , starting in southeast Asia . Brazil , Indonesia , India , South Africa and Turkey are the focus of investor efforts .
Central bankers in vulnerable emerging market economies are taking action . This seen as an effort to plug severe gaps which threaten to destroy reserves . Brazil , Indonesia , India , South Africa and Turkey are the focus of investor efforts .