Trump’s Iran Decision Adds Volatility to Emerging-Market Currencies - News Summed Up

Trump’s Iran Decision Adds Volatility to Emerging-Market Currencies


Emerging-market currencies were volatile Wednesday, after President Donald Trump’s decision to pull out of the Iran nuclear deal added to the woes of markets already pressured by a strengthening dollar. The Russian ruble and the South African rand were among the currencies to fall initially but then turn higher; the Turkish lira whipsawed as investors dialed back on risk.


Source: Wall Street Journal May 09, 2018 13:10 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */