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Saturday, March 26, 2016

Music to my wallet


China Sends Fed A Warning: Devalues Yuan By Most In 2 Months | Zero Hedge  
‘Beware of devaluing the yuan’: economists warn China lowering currency to boost exports would harm overseas investments | South China Morning Post    
Fed rate hike expectations jolting currencies
Yuan devaluations most likely will cause a ripple effect on the baht, especially since China is Thailand's main export Partner. A Fed rate hike is still under consideration.

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