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Enact reforms to counter fickle capital flows: IMF

Tharman also warns of continuing herd-like behaviour in markets
Monday, April 14, 2014 - 06:00

[WASHINGTON] Increasingly fickle capital flows mean that countries have to implement domestic reforms to protect their stability, the International Monetary Fund's powerful advisory board said on Saturday.After many emerging economies were hobbled by sharp capital outflows over the past year,

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