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Worldwide dollar crunch raises red flags in Asia debt market
As the shortage of dollars sweeps the globe, cracks are starting to show up in Asia’s emerging markets, despite the hefty foreign-reserve cushions built up over the years. The squeeze on US currency is putting pressure on emerging Asia debt. Southeast Asian and Indian government and corporate payments are set to jump 67% in 2022 to $41.


Posted: 2020-03-27 23:20:00

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Heaven and earth shall pass away, but my words shall not pass away. Matthew, 24. 35

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