Quantitative easing relaxes but emerging markets grow tense

emergency action to shore up its currency , as anxious investors piled out of emerging markets. India, Indonesia, Turkey: there was more than a whiff of panic in the air, as policymakers were forced to try and reassure financial markets they remain a good bet.The Brazilian real has lost 20% of its value against the dollar since the start of the year; the rupee is down 15%; and the Turkish lira …

Powered by WPeMatico

This entry was posted in Zimbabwe News. Bookmark the permalink.

Leave a Reply