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Commodity rout hits emerging Asian currencies

Published Wed, Dec 9, 2015 · 09:50 PM

Singapore

MOST emerging Asian currencies eased on Wednesday as a rebound in oil prices failed to ease concerns over a commodity rout that has renewed concerns about global deflationary pressures, a risk brought home by China's tame inflation data.

In onshore trade, the Chinese yuan slid to its weakest against the dollar since Aug 26 after the People's Bank of…

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