Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 1200)
1200.
According to the new Index by Nomura, how many countries are at risk of exchange rate crises?
Answer: Option
Explanation:
According to a new index by Nomura, seven countries are at risk of exchange rate crises as investors re-assess their risks. The name of the new index is 'Damocles', that assessed the risk of exchange rate crises for 30 emerging market economies. The seven countries that are at risk of exchange rate crises are Sri Lanka, South Africa, Argentina, Pakistan, Egypt, Turkey and Ukraine.
Discussion:
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