Saywell: May Avoid Complete Disaster for EM Currencies

Steven Saywell, global head of FX strategy at BNP Paribas, and Stephanie Flanders, chief market strategist for U.K. and Europe at JPMorgan Asset Management, examine the effect of U.S. dollar strength on emerging markets and global currencies. They speak on "Bloomberg Surveillance." (Source: Bloomberg)

U.A.E Set to Impose Excise Tax Starting October
37:38 - The United Arab Emirates will start imposing a tax on selected goods starting Oct. 1 as Gulf Arab nations seek to deepen government revenue to counter the drop in oil prices. Bloomberg's Zainab Fattah reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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