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CURRENCIES

Asian currencies vulnerable to Fed rate hike

Monday, July 20, 2015 - 05:50

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 -

sentifi.com

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