"At present Currencies around the world were being pushed down by the dollar as countries sought to combat inflation by raising interest rates at the risk of entering a recession.
Major global currencies such as the Euro, Pound, Yen, Australian Dollar, Swiss Franc, and New Zealand Dollar have fallen between 8 and 17 percent this year, according to Trading Economics data. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.
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