Low Oil Price triggering sell-off in Rupee Lower oil prices and stronger U.S. dollar have triggered concerns that emerging markets currencies may suffer a repeat of 2013′s “taper tantrum.” However, this time it will be induced by oil cartel OPEC, which decided not to cut production to boost oil prices at its meeting last month in Vienna. blogs.barrons/asiastocks/2014/12/15/will-low-oil-prices-trigger-a-sell-off-in-rupee-rupiah/?mod=yahoobarrons&ru=yahoo
Posted on: Tue, 16 Dec 2014 04:01:07 +0000
Trending Topics
Recently Viewed Topics
© 2015