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Asian currencies spared - for now

But strategists see further weakening of regional currencies as uncertainty of UK-EU split lingers

Published Fri, Jun 24, 2016 · 09:50 PM

Singapore

ASIAN currencies were spared much of the turmoil their British and European counterparts experienced on Friday.

But as markets roiled from the turbulence brought on by a United Kingdom vote to leave the European Union, observers called for a more concerted response from policymakers to smoothen expected volatility in currencies in this region.

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