3 countries in trouble after pakistan and Sri Lanka..!?

No one can forget the Sri Lanka-Pakistan issue so easily. Especially in sri lanka, it is facing various problems beyond the economy. To make the problem in pakistan even worse, the floods caused great damage. Overall, the two countries face similar problems in many respects, with their currencies sinking amid inflation. Meanwhile, Nomura Holdings Inc., in its report, warned that countries including the czech republic, romania, and hungary will face exchange rate crises in the coming year amid growing external challenges. It has warned that it may be faced.
Nomura's Damocles Index has issued this warning based on 8 key indicators, including the foreign exchange reserve ratio (import volume), real short-term interest rates, and fiscal and current account deficits. In this list, countries including Egypt, sri lanka, turkey and pakistan are already facing a crisis. However, until today they are not out of trouble, said Nomura analysts Rob Subraman and Chi Ying Do.The currencies of the czech republic and romania also fell 8% against the dollar, their worst decline in two decades. Nomura warned that the widening risk could have dire consequences.In fact, sri lanka and pakistan are already experiencing crises due to the impact of bad currencies. Therefore, if these developing countries do not take proper reform measures, they may face further problems. To restore growth, countries must increase the flow of money among the people. This will promote growth.But with the currency depreciating further, these countries will have to spend more on imports. It is generally safe for a country's central bank to hold a certain level of foreign exchange reserves. This can come in handy when their country's currency depreciates or some other type of crisis occurs. But when that is also a problem in the above countries, it only adds to the problem.

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