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  • BUSINESS

    Currencies slump, funds flee emerging markets

    Business, Published on 08/09/2018

    ยป Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.

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