IMF warns emerging economies face heightened risks from ongoing Iran war

The International Monetary Fund warned emerging economies face heightened risks of high interest rates and currency shocks due to the ongoing Iran war. The IMF highlighted $4 trillion flowed into these markets last year from hedge funds, which are more likely to withdraw in financial stress. This volatility could strain economic growth globally.

Read full article on The Guardian Australia – Business →

Summary by Glance · Original reporting by The Guardian Australia – Business