ABU DHABI / WAM Emirates Development Bank (EDB), the UAE’s key financial engine for economic ...
Read More »Oil’s historic surge impacting Asian stock, currency markets
Bloomberg The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries. Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities in markets like India and South Korea in recent days, spurring ...
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