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Uncertainty fuels fall in emerging market currencies

Posted on 21 August 2013

What happens when billions of dollars worth of stimulus in the financial system is about to be unwound and historically low interest rates eventually have to be lifted?
Nobody knows, and the uncertainty this seemingly unanswerable question has created in recent weeks is having a damaging effect on many emerging markets as investors cut their exposure to risk………………………………………..Full Article: Source


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