Currency Crisis in Emerging Markets Currency Crisis in Emerging Markets https://www.islamicity.org/16700/currency-crisis-in-emerging-markets/ 16700 1166 0 Aug 28, 2018 August 28, 2018 {wpcf-soft-date engaged} https://www.youtube.com/watch?v=-iUsKDfP5Kg <!--BLP-SHORTCODE-BEGIN--><div class="su-youtube su-u-responsive-media-yes"><iframe width="1200" height="675" src="https://www.youtube.com/embed/-iUsKDfP5Kg?autohide=2&amp;autoplay=0&amp;mute=0&amp;controls=1&amp;fs=1&amp;loop=0&amp;modestbranding=1&amp;__playlist=-iUsKDfP5Kg&amp;rel=0&amp;showinfo=0&amp;theme=dark&amp;wmode=&amp;playsinline=0" frameborder="0" allowfullscreen allow="autoplay; encrypted-media; picture-in-picture" title=""></iframe></div> <!--BLP-SHORTCODE-END--> https://www.youtube.com/embed/-iUsKDfP5Kg?autohide=2&autoplay=0&mute=0&controls=1&fs=1&loop=0&modestbranding=1&__playlist=-iUsKDfP5Kg&rel=0&showinfo=0&theme=dark&wmode=&playsinline=0 Caspian Report    Source: Caspian Report Caspian Report Featured, Videos, World Affairs Economic Development, Economy, Interest (Riba), Money featured videos world-affairs economic-development economy interest-riba money With the lira plunging to new depths before partly rectifying itself, Turkey has seen better days. Yet, what’s happening to the lira is not restricted to Turkey. Global credit levels, especially US dollar-denominated debts, are at an all-time high. Access to cheap credit has facilitated a new crisis in many emerging markets. Now, those reckless… 1 Economic Development Economic Development 10 Warning: Array to string conversion in F:\inetpub\wwwroot\Accounts\IslamiCity.org\wp-content\themes\plain-child\blueprint\shortcode-output\query\system-parts\cell-part-1.php on line 1040 Array 0 1 1 n/a:cell-part-1.php 1 same-as-desktop 1

Currency Crisis in Emerging Markets


With the lira plunging to new depths before partly rectifying itself, Turkey has seen better days. Yet, what’s happening to the lira is not restricted to Turkey. Global credit levels, especially US dollar-denominated debts, are at an all-time high. Access to cheap credit has facilitated a new crisis in many emerging markets. Now, those reckless monetary policies are starting to show their cracks.

Published on Aug 27, 2018

 


  Category: Featured, Videos, World Affairs
  Topics: Economic Development, Economy, Interest (Riba), Money
Views: 1166

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