Economy
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Assessing Currency Vulnerabilities
August 2007 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Although Asian currencies have held up reasonably well during the current global credit crunch, several units - most notably the Indonesian rupiah, Philippine peso, and Indian rupee - are particularly vulnerable to further losses. However, central banks are in better shape than ever to intervene, in the event of a de-leveraging of risk.