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Asia's Currency Market Shakeup
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Asia's Currency Market Shakeup

Philip Bowring's avatar
Philip Bowring
Sep 24, 2010
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Asia Sentinel
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Asia's Currency Market Shakeup
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There has been plenty of recent action on Asian currency markets. But regrettably none of its points in the direction of the greater currency coordination the region's finance ministers and central bankers claim they want.

Most spectacular was Japan's sudden intervention last week, the first such since 2004, to suppress the value of the yen, driving it b…

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