Indian and Pakistani Rupee fall to Historic Low. A record number of poor countries are presently in severe situations, as seen by a dollar that is rampant and at a two-decade high. #Rupee #India #Pakistan #dollar #INVENTIVA

"Investors are wondering how long the dollar rally will endure, although many are holding off on being dollar negative until after that. The dollar has climbed by about 13% this year when measured against a basket of peers, hitting a two-decade high.

... 

Kristalina Georgieva, the head of the IMF, used the extraordinary crisis in Sri Lanka to caution other nations that they may experience a similar catastrophe. Kristalina Georgieva, the head of the International Monetary Fund (IMF), has used the example of Sri Lanka’s exceptional economic crisis to caution other nations that they may possibly experience a similar circumstance given their high debt levels and constrained policy options." 

Read more.