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Emerging currencies may be facing calm before the storm

Investors may be underestimating US Federal Reserve's will to raise interest rates, analysts say
Tuesday, July 14, 2015 - 05:50

Speculation is growing that Ms Yellen will raise US interest rates before 2015 is out, though probably in December rather than earlier in the year.


EMERGING-MARKET currencies have become a relative sea of calm amid Greece's debt crisis and China's collapsing stock prices, marking a level of complacency that strategists say is destined to end badly.

JPMorgan Chase & Co indexes show that volatility in the exchange

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