How far will Indian and Pakistan rupees fall?

      Published on Monday, 12 November , 2018      53 Views     
How far will Indian and Pakistan rupees fall?

  • Gulf TV, Saudi Arabia

The past 14 days of trading saw the greatest sell-off in global financial markets since February 2018.



The week also saw US treasury yields rise to their highest level since 2011, President Trump unleash his wrath on the Federal Reserve over US interest rate policy once again, and an IMF downgrade to global growth for the first time in two years.

Among all the different layers of financial market volatility, stress in emerging markets is one of the reasons behind the lower global growth expectations from the IMF.

Speaking of emerging markets, the currencies of both India and Pakistan remain under the radar while oil markets remain volatile in the lead up to re-imposed sanctions on Iran starting from next month.




Category Gulf TV, Saudi Arabia | 2018/11/12 latest update at 2:00 PM
Source : Arabian Business | Photocredit : Google
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