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Pengab banking climate indicator down by 12.7pts m/m to in X

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Pengab banking climate indicator down by 12.7pts m/m to in X
Source: Pixabay

Pengab banking climate indicator fell by 12.7pts m/m to minus 7.4pts in October 2020, according to the "Bank Monitor" published by the research company Kantar.

“In the first few months of the pandemic, many economists discussed the potential phases of the economic crisis. It seems that the second wave of cases may cancel the scenario of a rapid economic recovery (in the form of the letter V) predicted by some specialists.

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