ABU DHABI/WAM The National Media Authority (NMA) has launched a series of sessions as part …
Read More »Emerging-market currencies offer best value, says Pimco
Bloomberg Emerging-market currencies offer some of the best value as an eight-year run of dollar strength is “close to the end,†according to Pacific Investment Management Co (Pimco). “We like to be long a number of those,†Gene Frieda, a Pimco strategist in London, said. Slowing US growth will finally put a dent in the greenback, while counterparts in the …
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