Great Graphic: Despite Higher Oil Prices, Middle East Pegs Remain Under Pressure
Marc Chandler
June 08, 2016
With today's gains, the price of Brent has
nearly doubled from its lows in January. Of course, the price of oil is still
less than half of levels that prevailed two years ago. At the same time,
many leveraged investors cast a jaundiced
eye toward currency pegs. Many have concluded that the Middle East
currency pegs cannot be sustained.
Throug…
Throug…
Great Graphic: Despite Higher Oil Prices, Middle East Pegs Remain Under Pressure
Reviewed by Marc Chandler
on
June 08, 2016
Rating:
