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Mighty greenback's rise poses promise and concerns for Asia

Friday, January 2, 2015 - 05:50
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A strong US dollar and an enduring American consumer-driven economy spell a competitive advantage for Asia's export-led economies.

AS THE American economy continues to gather momentum, currency traders are increasingly eyeing the US dollar's strength with heady expectations for the US Federal Reserve to begin to raise its interest rates in 2015. It's a sensible assumption. But as the greenback powers ahead of its