Investors Still Wary of Efforts to Shore Up Currencies

Posted by Ravi Gulati | Posted in Uncategorized | Posted on 29-01-2014

FRANKFURT — Emergency measures by Turkey and South Africa to stop a headlong flight of foreign investors had little effect on Wednesday. The financial markets all but ignored increases in official interest rates aimed at strengthening the countries’ currencies.

Investors Still Wary of Efforts to Shore Up Currencies – NYTimes.com.