GLOBAL FAC­TORS

Business Today - - POLICY CURRENCY -

US- China trade war to es­ca­late into a cur­rency war

Chi­nese cur­rency has de­val­ued, other cur­ren­cies likely to ad­just to re­gain com­pet­i­tive­ness in in­ter­na­tional mar­ket

US sanc­tions on Iran to im­pact In­dia’s oil im­ports

US econ­omy show­ing buoy­ancy, Fed is al­ready on a hik­ing spree

Other coun­tries to join the rate hike later

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