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Emerging Asia May Be Tarred With Struggling India's Brush

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Emerging Asia May Be Tarred With Struggling India's Brush
AIRED:
The expected unwinding of U.S. stimulus measures putting huge pressure on emerging market assets. Here in Asia the Indian rupee hitting record lows against the U.S. dollar- threatening to drive Asia's third largest economy toward a full-blown crisis. Indonesia, once seen by investors as the model emerging market, also under pressure - the country's currency plummeting to its lowest levels in over four years.moreless
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