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Most Asian currencies falter on bleak Chinese trade data


  • Economy
  • Monday, 14 Jan 2019

BENGALURU: Most Asian currencies lost ground on Monday as unexpectedly weak  monthly trade data from China inflamed concerns of a deteriorating global growth outlook in the face of a potentially sharper slowdown in the world's second largest-economy.
   
Official data showed exports from China in December unexpectedly shrank 4.4 percent from a year ago, its biggest monthly drop in two years. Imports also contracted the most since July 2016.

Economy , Forex

   

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