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Forex

Big rolls of the dice ahead for emerging nations and currency market players

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A ban on exports of unprocessed minerals could worsen Indonesia's trade balance and send its currency dropping again.   © Reuters

JAKARTA/SEOUL -- Emerging countries may soon reach a turning point in their currency battles. Selling pressure on currencies of relatively unstable emerging nations may start easing. But it is also possible that the market turmoil may continue and even deepen in the coming weeks, delivering a blow to stock markets and dimming economic prospects around the globe.

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