ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday offered …
Read More »Dollar’s post-Fed swoon gives emerging markets some space
BLOOMBERG A slump in the dollar after the Federal Reserve’s latest interest-rate hike will be a breath of fresh air for emerging-market policymakers as it puts a floor under their currencies and eases their efforts to control inflation. The greenback weakened across the board, resuming a downtrend that started in earnest six months ago, and allowing the South Korean won, …
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