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More capital outflows from emerging Asia expected in H2

Countries facing current account deficits - such as Indonesia, India - at higher risk as greenback rises and central banks tighten monetary policies

Jakarta's equity market for instance lost more than 11 per cent of its value by early July, but has since recouped some of those losses.


CAPITAL outflows from emerging Asia could persist in the second half of this year on the back of rising trade tensions, a strengthening US dollar and tightening monetary policies by central banks around the world with countries facing current account deficits - such as Indonesia...

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