Fear over bank turmoil sparks flight to safe haven currencies
SINGAPORE – Safe haven currencies like the U.S. dollar and the yen were in bid on Thursday on renewed fears of a global banking crisis, after contagion from the implosion of U.S.-based Silicon Valley Bank had spread across the Atlantic to Swiss bank Credit Suisse. In the latest blow to investors’ confidence in the financial … Continue reading Fear over bank turmoil sparks flight to safe haven currencies
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