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Euro emerging as haven in market rocked by yuan devaluation

Published Tue, Aug 25, 2015 · 09:50 PM

New York

THE notion that the euro could be a haven in times of turmoil seemed preposterous just a few weeks ago. Yet that's exactly what it's become as the world gets rocked by everything from devaluations to bear markets in stocks.

The euro has surged more than 4 per cent a…

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