China yuan ‘could fall FURTHER against US dollar within the next SIX MONTHS’

CHINA could be set to see its yuan crippled further within the next six months, after a year which has seen the Chinese currency lose around 6 percent already against the US dollar. The gloomy prediction came from a Goldman Saches analyst, who told CNBC a decline against the American greenback is looking more likely after a turbulent few months for the yuan. Daily Express :: Finance Feed

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‘NOT clear yet’ India rupee set for ‘DIFFICULT’ six months DESPITE boost against US dollar

INDIA could see a “difficult” next six months for the rupee, according to a financial strategist, despite the currency clawing back gains against the US dollar this week. The rupee has plummeted in value versus the American greenback this year, losing around 15 percent of its worth off the back of soaring interest rates in the US and sky-high oil prices. Daily Express :: Finance Feed

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India rupee crisis ‘WILL get WORSE before better – and it will happen within six months’

INDIA could be braced to see its financial troubles deepen, with the rupee languishing even further before stabilising against the US dollar, according to an economic analyst. The rupee has been crippled by soaring oil prices and higher interest rates, with the crisis-hit currency losing around 15 percent of its value versus the American tender this year. Daily Express :: Finance Feed

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Turkey lira CRISIS: Turkey growth outlook SLASHED by IMF after months of market turmoil

TURKEY has seen its growth outlook slashed by the International Monetary Fund following months of market turmoil and declines in the struggling lira. The crisis-hit currency has been the subject of a turbulent year, having lost nearly 40 percent of its value against the dollar in 2018. Daily Express :: Finance Feed

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