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9-14-2015 *Kaperoni

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9-14-2015 *Kaperoni

Unread postby Vixen » Tue Sep 15, 2015 10:11 am

9-14-2015 *Kaperoni ~Article quotes: "We don’t see an immediate devaluation but we see more pressure on the peg the longer the situation continues as buffers get eroded.” "Concerns that oil-dependent economies may abandon their pegs intensified after Kazakhstan allowed its currency to float..." They won't devalue. They just need to stay pegged long enough for the economic reforms/loans to take hold and then they can begin the float.
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