• The RBI is widely expected to cut its key lending rate by a quarter of a percentage point Tuesday to stimulate an economy growing at its weakest pace in a decade.

    WSJ: India Probing Money-Laundering Charges Against Banks

  • While speculative attacks against Southeast Asian currencies revealed feet of clay, Hong Kong can point to a chunky budget surplus, rising corporate profits and a growing economy, not to mention formidable exchange-rate defenses.

    CNN: The Cost of a Pegged Dollar

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