Indonesian currency rate in dubai: China Struggles Add to Emerging-Market Risks as Rate Cuts Beckon

“The path of travel toward looser EM monetary policy is pretty clear and we are expecting the global wave of easing to continue,” said Paul Greer, a London-based money manager at Fidelity International, whose emerging-market debt fund has outperformed 97% of peers this year. But “this is not a classic environment for emerging-market currency appreciation as long as growth and trade remain sluggish.”

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