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Emerging market stock rally not sustainable: IIF

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After a plunge in emerging market stock prices towards the end of last year, some of them have begun recovering on the back of rising capital inflows from advanced economies, raising the question among investors of whether the emerging market rally is sustainable.

Tokyo

AFTER a plunge in emerging market stock prices towards the end of last year, some of them have begun recovering on the back of rising capital inflows from advanced economies, raising the question among investors of whether the emerging market rally is sustainable.

But the

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