Dollar Rally Could Risk BRICs $8 Trillion Capital inflowMani
A gear-shift by U.S. Federal Reserve and the resultant dollar surge could force BRICS countries to apply a ‘sudden stop’.
Ambrose Evans-Pritchard in his comments posted in ‘The Telegraph’ feels the flow of over $8 trillion capital in to emerging markets since the Lehman crisis has largely sputtered out in some of the BRICS countries including Brazil, Russia and South . . .
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