Emerging Asia’s $5 Trillion Reserves Get Put to Test in Currency War
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Emerging Asia’s $5 Trillion Reserves Get Put to Test in Currency War

(Bloomberg) -- It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment.
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