Asian currency plunges bring de-dollarization into perspective - Global Times

Once the US Federal Reserve kicks off a tightening cycle by raising its benchmark interest rates, emerging markets in Asia could suffer sharp capital outflows and currency depreciation. The chain reaction is being viewed as a chronic illness undermining econo…

Illusration: Chen Xia/Global Times Once the US Federal Reserve kicks off a tightening cycle by raising its benchmark interest rates, emerging markets in Asia could suffer sharp capital outflows and … [+3849 chars]

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