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Asia Flash | 17 Jun 2013: India holds rates on currency pressure; Japan approves Abe's growth strategy; China interbank liquidity remains tight

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Published on Sunday, June 16, 2013

Asia Flash | 17 Jun 2013: India holds rates on currency pressure; Japan approves Abe's growth strategy; China interbank liquidity remains tight

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Summary

Asian markets started the week on an upturn, following last week’s dramatic selloff (Japan’s Nikkei and the Philippines down by 5% and 10%). In contrast, the two indices led today’s advances.