Asia markets look to central bank action as liquidity tightens
Asian markets looked to
policymakers on Friday to help ease a cash shortage as cratering
stock markets triggered a rush to dollars, driving many regional
currencies lower and threatening a surge in short-term borrowing
costs.
policymakers on Friday to help ease a cash shortage as cratering
stock markets triggered a rush to dollars, driving many regional
currencies lower and threatening a surge in short-term borrowing
costs.
Posted by Reuters