Asian Regional Currencies: Paranoia Runs Deep, But Crisis Fears Are Misplaced

- By FX Markets Staff
- @FXMarkets_
- 17 Jul 2000

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Fears that Asian growth must be export-led are misplaced and the region will not fall into a new crisis without a serious external shock. Deleveraging and corporate restructuring are continuing steadily and the perception that a stronger currency can be had alongside low interest rates is off the mark, by Gene Frieda, head of emerging markets research, 4CAST (g.frieda@4castweb.com)

Goldilocks may be headed for a soft landing, but the view from below, at least in Asia, reflects ongoing fear of

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