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Further losses seen for emerging-market currencies
Published Thu, Dec 31, 2015 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
EMERGING-MARKET currencies slumped this year by the most in almost two decades, and analysts are forecasting further losses in 2016 due to China's slowdown and US monetary tightening.
The deteriorating sentiment also hurt stocks and bonds, with an index of equities covering developing countries posting the biggest annual drop since 2011.
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