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Nikkei Markets

Risks expand for debt-heavy Southeast Asian markets

Domestic currencies weaken as capital flows out

Wednesday, Bank Indonesia raised interest rates again, the second time in two weeks, in an off-cycle meeting.   © Reuters
| Thailand

SINGAPORE (Nikkei Markets) -- The pressure on emerging markets in Southeast Asia is set to increase as the strengthening dollar aggravates concerns about debt in the region.

The recent political turmoil in Italy has added to the risks that have weighed on these markets in recent months, weakening both their currencies and stocks.

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