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If the risk of wider regional conflict over Gaza recedes, the currency’s high valuation is unlikely to be sustained
Sentiment rebound requires evidence economic fundamentals are improving
Commodity rebound and prospect of political changes underpin strong recovery in the real
Trading competitiveness challenged by relative strength of renminbi
Oil price fall means bets on end to riyal’s dollar peg suddenly do not look so daft
Turkey and South Africa plumb new lows against US dollar on pessimism over global economy outlook
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