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POTENTIAL CURRENCY REACTION ON UNEMPLOYMENT IN 2020

Published On 08 Jan 2020 04:55 AM


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A global economic slowdown in 2019 has reduced the number of jobs and the rate of unemployment grew drastically. Policymakers expect this pattern to be changed in 2020.

Impact of unemployment on five major currencies

  1. UK- pound Negative

UK's unemployment rate was calculated as 3.8% as of October 2019, which is lowest since the 1970s. The impending decision on Br....


Tags : impact of exchange rate fluctuations, impact of exchange rate on economy, effects of exchange rate fluctuations on businesses,
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