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Sunday, 7 January 2018

Angola joins long list of oil nations in ditching dollar peg

Angola joins long list of oil nations in ditching dollar peg

*Russia, Kazakhstan, Egypt have already freed up currencies *Move ‘a long time coming,’ says fund manager Neuberger Berman 07 January 2018, Luanda — Angola is poised to become the latest emerging nation to abandon its currency peg as it seeks to rescue an economy still reeling from the oil-price crash four years ago. The southern …

The post Angola joins long list of oil nations in ditching dollar peg appeared first on SweetCrudeReports.

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