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Monday, October 18, 2010
IFC Review - Asia faces challenge of channeling floods
As money surges with ever greater force from the west into emerging markets, nowhere does fear of asset bubbles and currency volatility run deeper than in the fast-growing economies of Asia, the Financial Times reports.Foreign capital has rushed into the region’s bond and equity markets this year, driving the region’s currencies sharply higher against the dollar and raising the prospect of a sharp response from Asian policymakers. Read more... posted by Charles Monat Associates at 10:17 AM
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