Page 34 - இங்கிலாந்து கவர்னர் ஆண்ட்ரூ பெய்லி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Bank of England s Bailey calls crypto-currencies dangerous
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Cryptos, similar assets danger to public: BoE Governor
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GBP/USD remains depressed near session lows, holds above 1 4100 mark
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With the world barely through the worst of an unprecedented crisis, central bankers are already wondering if the next one is around the corner.
From Washington to Frankfurt, what began months ago as a murmur of concern has morphed into a chorus as officials ask if a risk-taking binge across multiple asset markets might presage a destabilizing rout that could derail the global recovery.
Just last week, the European Central Bank and the Bank of Canada cited mounting threats, cognizant of the retrenchment that ensued during the 2008 financial crisis. Meanwhile Bitcoin’s dramatic swings after a warning about cryptocurrencies from the People’s Bank of China showcased how sensitive some markets have become.
Global Rebound Euphoria Tests Central Bankers Nerves on Risk
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