Nomura Holdings Inc, Japan's top brokerage and investment bank, has warned that seven emerging economies including Pakistan are now at a high risk of currency crises, Reuters reported. The six other coutries are - Egypt, Romania, Sri Lanka, Turkey, Czech Republic, and Hungary. The Japanese bank said that 22 of the 32 countries covered by its in-house "Damocles"
Nomura has warned that 7 countries, including Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan, and Hungary, are now at a "high risk of currency crises".
Top Japanese Bank Says Pakistan Dangerously Close to Currency Crisis propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
LONDON: Nomura Holdings Inc, Japan s top brokerage and investment bank, has warned that seven countries - Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan and Hungary - are now at a high.