ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »US yields set to tighten grip on emerging-market currencies
Bloomberg Slowing economic recovery amid a resurgent pandemic is leaving emerging-market currencies vulnerable to a selloff if Treasury yields rise again. While the influence of US borrowing costs on developing-nation currencies has waned in recent months, it may return to prominence for riskier assets as the cushioning effects from China’s growth rebound and low inflation weaken, according to money managers ...
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