ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Emerging currencies enjoy best week in 4 years as dollar drops
Bloomberg The US dollar’s bearish turn has opened the floodgates into emerging markets, helping currencies to get on board a rally so far driven by equities and bonds. The MSCI gauge for emerging-market exchange rates had the best weekly advance in more than four years and is flashing indicators of further gains. That’s helped to add at least $1 trillion …
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