Commodity Markets Outlook

Currency devaluation may intensify food, energy crisis: WB

The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, the World Bank said in its latest Commodity Markets Outlook report.

October 27, 2022
October 27, 2022

Currency devaluation may intensify food, energy crisis: WB

The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, the World Bank said in its latest Commodity Markets Outlook report.

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