Bloomberg The UK’s coronavirus lockdown should trigger a recovery in the pound, which has fallen to its most undervalued ever against the dollar, according to Standard Chartered Plc. The government’s aggressive actions should enable a quick restoration of economic activity once the health situation improves, wrote strategists including Geoff Kendrick in a note. At the same time, the potential near-term ...

Bloomberg India’s central bank should directly start monetising the government’s fiscal deficit in efforts to fight one of its worst economic crisis, said Ananth Narayan, former South Asia head of financial markets at Standard Chartered Plc. “In a war, we have to borrow from our future,” said Narayan, now a professor at Mumbai-based SP Jain Institute of Management & Research. ...

Bloomberg Policy makers trying to prevent credit markets from freezing up have a huge challenge on their hands with regional banks. Such firms should be best positioned to keep money flowing to community businesses like restaurants, travel agencies and gyms on the brink of failure because of the coronavirus pandemic. But regional banks themselves are increasingly at risk, riven by ...