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S-E Asia's dwindling reserves exacerbate risk of currency war

Tuesday, August 25, 2015 - 05:50

Kuala Lumpur

SOUTH-EAST Asia's dwindling foreign-exchange holdings are exacerbating the risk of a currency war as policymakers have little choice but to allow weaker exchange rates.

Malaysian reserves have fallen 19 per cent this year to US$94.5 billion, reducing the central bank's

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