Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Explore stories from Atlantic Canada.

SaltWire's Atlantic regional weather forecast for November 7, 2023 | SaltWireBENGALURU/JOHANNESBURG - Emerging market currencies will take well into next year to start making noticeable gains against a retreating U.S. dollar, despite a growing view the interest rate cycle has peaked, a Reuters poll of FX strategists showed.

However, with most EM central banks expected to follow the Fed and cut rates next year, their respective currencies were unlikely to recoup double-digit losses they have accumulated over the past couple of years. This excludes the Russian rouble, which has lost 27% this year, and the Turkish lira, which is down 52%.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 45. in RU

Россия Последние новости, Россия Последние новости