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Asia less vulnerable as rates go up

Of the three emerging market regions that were studied, currency mismatch is becoming less positive in Eastern Europe and more negative in Latin America, while showing improvement in Asia.

Office worker at Raffles Place.

THE monetary policy stimulus by developed economies' central banks released significant liquidity into the global economy. The side effect was that interest rates across the world dropped and investors resorted to a search for yield.

Emerging markets (EM) benefited in this ample liquidity...