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World Bank sees more currency risk in S-E Asia
Published Wed, Oct 4, 2017 · 09:50 PM
Manila
MALAYSIA, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange rate risk than other developing economies in East Asia and the Pacific as global financial conditions tighten, the World Bank said.
Companies and banks in these countries have sizable external debt, although foreign exchange reserves currently appear adequate, the Washington…
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