The shortage of US national currency in circulation has led to an intensification of the financial crisis in a number of countries around the world, reports Bloomberg.Journalists from the portal, citing market participants, specified that Sri Lanka, Nigeria, Pakistan and other countries in Africa and Asia are among the most affected states. Due to the current situation, hospitals are postponing their operations, flights from international airports are suspended. Moreover, the shortage of dollars limits access to everything from raw materials to medicines.Emerging and frontier markets strategist at Tellimer in Dubai Hasnain Malik, commenting on the current situation, urged potential investors to be more careful with investments in the economies of the riskiest countries. In his view, these states may in the foreseeable future face an intensification of the crisis against the background of the continuing shortage of the US national currency.
Bloomberg: Global markets were in a vulnerable position due to dollar shortage
by News Room
September 22, 2023

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