: :inin Kyiv (EET)

Oil’s plunge weighs on emerging markets


FALLING oil prices and a stronger dollar racked up the pressure on emerging equities and currencies yesterday, with Russia once again suffering most of the pain. |||
Karin Strohecker LondonFALLING oil prices and a stronger dollar racked up the pressure on emerging equities and currencies yesterday, with Russia once again suffering most of the pain. Emerging market shares fell 0.2 percent after oil prices slid by more than $1 (R11.4764) a barrel, sending equity indices across oil-exporting Gulf nations lower. Chinese equities fell after investors sold out ahead of upcoming new listings this week. …read more

Source: Independent Online

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