Banking Interest Likely to Rise in U.S.
August 2, 2000 - 0:0
TEHRAN Value of banking interest is likely to rise in the U.S. in coming month, Central News Bureau (CNB) quoted a ENN television network as announcing.
The rise that will be triggered after government statement that the percentage of the country's economic growth is higher than the expected level will affect the value of stocks in giant markets.
The value of stocks in the U.S. will also sink on account of the government's statement.
Experts believe that reaction of stock markets to the statement is exaggerative and that economic growth will continue to remain positive.
Asian stock markets was also impressed by the situation of the U.S. stock markets, witnessing plunge in the value of stocks in these markets.
The rise that will be triggered after government statement that the percentage of the country's economic growth is higher than the expected level will affect the value of stocks in giant markets.
The value of stocks in the U.S. will also sink on account of the government's statement.
Experts believe that reaction of stock markets to the statement is exaggerative and that economic growth will continue to remain positive.
Asian stock markets was also impressed by the situation of the U.S. stock markets, witnessing plunge in the value of stocks in these markets.