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China’s currency has been unusually stable so far this year. + That put the yuan on course for its weakest settle since November, Tullett Prebon data showed. + The offshore yuan has moved toward last September's trough of 7.365—the weakest closing level on record, based on data going back to 201...
South Korea is an example of how Federal Reserve decisions—and the uncertainty around them—can **ripple around the world**. The **Korean won has lost about 7% against the dollar** since the beginning of the year, when the central bank in Seoul halted rate increases. Continue reading
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