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June 24, 2012

BRICs Biggest Currency Depreciation Since 1998 to Worsen

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The largest emerging markets, whose economies grew more than four-fold in the past decade, are making losers out of everyone from central bankers to Procter & Gamble Co. (PG) as their currencies post the biggest declines since at least 1998. For the first time in 13 years, the real, ruble and ru... FF News: Fundamental

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