Is Higher Interest Rate A Peril For BNPL Sector?

1 min read | June 23, 2022 02:54 AM PDT | By Team Kalkine Media

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On June 20 RBA Governor Philip Lowe said that It is a challenging time in the global economy. Most countries, including the United States and Australia, are experiencing the highest rates of inflation for many years. The tragic events in Ukraine have led to sharp increases in the prices of food and energy. And interest rates are rising around the world from the record lows during the pandemic.

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