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Emerging markets bid to reassure Davos amid currency woes

Posted on 27 January 2014

Officials from top emerging market economies, the star performers of recent years, were at pains to reassure the World Economic Forum of their countries’ stability amid turmoil in the currency markets.
With the Argentinean peso plunging 14 per cent in two sessions of panic selling and the Turkish lira hitting all-time lows amid political chaos, the stability of emerging markets sparked concern among the movers of shakers at the Davos ski resort………………………………………..Full Article: Source


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