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NOMURA RETHINKS TO BET ON LOW-YEILDING CURRENCIES DUE TO WUHAN VIRUS

Published On 06 Feb 2020 12:20 PM


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Highlights:

  • Nomura Holdings Inc. will flip its top currency calls for 2020 due to coronavirus.
  • In December, Nomura has predicted that the offshore yuan will strengthen to 6.89 against the dollar by end of March.
  • Nomura has released a statement advising to sell Singapore dollar against a basket of rival currencies.

The increasing cases of coronavirus worldwide have force....


Tags : Coronavirus, Wuhan virus, nCoV, China, Forex,
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