Bank Of Baku

Morgan Stanley: Dollar to decline 5%

Morgan Stanley: Dollar to decline 5%
# 22 September 2016 15:44 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Fed will not increase the interest rate this year, Hans-Guenter Redeker, head of global currency strategy at Morgan Stanley told Bloomberg.

 

He says the dollar will decline 4-5% in the perspective: “For example, Japan yen against dollar may rise up to 1997’s level”. 

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