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Market bearish on S-E Asian currencies, bullish on yuan: poll

Published Fri, Jan 3, 2014 · 10:00 PM
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Seoul

SENTIMENT towards most South-east Asian currencies deteriorated at the end of 2013, with bearish bets on the Thai baht at a near two-year high as political tensions intensified, a Reuters poll showed yesterday.

Confidence in North-east Asian currencies improved, however, with long positions in the Chinese yuan the largest since May.

Short positions in the baht rose to the largest level…

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