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Asian currencies vulnerable to Fed rate hike
Published Sun, Jul 19, 2015 · 09:50 PM
NOT for the first time, US Federal Reserve Chair Janet Yellen in July opined that a US rate hike before the end of 2015 was well warranted.
As such, Asian countries may be on the receiving end of huge capital outflows when the Fed eventually pulls the trigger on raising interest rates - but which Asian economy will fare the worst when that happens?
The three usual suspects - India, Indonesia and Malaysia - come to mind.
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