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Opinion

Testing times for Asia's emerging markets

Excessive investor mood swings risk provoking debate on new capital controls

| Turkey
Investors must be prudent and avoid stampedes or risk more market restrictions.   © UIG/Getty Images

Financial commentary is currently dominated by concerns that emerging markets are facing a repeat of the 2013 "taper tantrum" or worse -- a repeat of the 1997-1998 Asian crisis.

These worries have put leading emerging economies in Asia in the spotlight, including Indonesia and India, which have both seen their currencies weaken this year.

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