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Transcripts for BBCNEWS World Business Report 20240604 04:37:00

lot more expensive for many people, not least investors, so they are pulling money out of currencies that are not doing that well like the pound, and investing in stronger currencies like the us dollar and otherforeign currencies like the us dollar and other foreign currencies, and other foreign currencies, and with regards to the uk, many investors do think that, they question the economic plan but as you mentioned, most of all, they are worried that the uk s finances will be stretched to the limits, that will cause higher interest rates, and that will affect growth and it will make it more expensive to borrow money. asian stocks are dealing with a number of other factors that are spooking markets. still that war in ukraine as well which is so closely paired to the us dollar, the cost of energy is valued in the us dollar and of course the pandemic boom demand, we are still dealing with supply exchange shocks and thoseissues

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