ناروے کے 2.3 ٹریلین ڈالر آئل فنڈ کو Q3 میں 30 ارب ڈالر کا نقصان

Norway’s $2.3-trillion Government Pension Fund Global, created from oil and gas revenues, booked a $30 billion loss for the third quarter. This significant downturn was attributed to higher interest rates and broad market turbulence, particularly impacting its equity and fixed-term investments in the U.S. market. Such a substantial loss for a major global investor highlights ongoing challenges in financial markets due to monetary tightening. This broad market weakness and the impact of higher rates could support safe-haven demand for gold or influence global currency dynamics, potentially affecting USD/PKR.

بحوالہ / Source: oilprice.com