Rate-hike risk creeps up on emerging markets
The Star Online - Business·2024-05-02 08:01
GLOBAL investors are unwinding bets on local-currency bonds as some emerging-market central banks come under pressure to raise interest rates – rather than cut them as widely anticipated just weeks ago.
Money managers differ on the roster of countries that may have to tighten monetary policy in response to a changed global landscape, but among them are turbulent economies such as Turkiye and South Africa, and even emerging giants like India and Mexico.
……Read full article on The Star Online - Business
Business Investment Economy Entertainment Malaysia
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App