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Are Asian Currencies in Trouble Because of Forex Reserves?

Emerging market currencies hard hit right now Some of the biggest casualties of the global financial crisis have been the emerging market currencies. These are currencies from countries like India, Brazil, China and South Korea, Thailand and Vietnam that have up-and-coming economies that rely on global consumption of their exports. As one might imagine, with [...] [...more]

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Intervention Talk Starts Up Again for Japanese Yen

As yen gains against the dollar in currency trading, Japanese government issues warningNot too long ago, there was talk that the Japanese government might interfere in forex trading. The talk died away briefly, but it appears to be back.With the yen making gains against the U.S. dollar in currency trading (recently reaching yet another 13-year [...] [...more]

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