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View Full Version : Asia Faces `Downside' Growth Risk, Merrill Lynch Says (Update1) - Bloomberg



NewsWhore
09-12-2008, 01:40 AM
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Asia Faces `Downside&#39; Growth Risk, Merrill Lynch Says (Update1) (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DambfsAP.MsOA%26refer%3Dindia&cid=0&ei=gwHKSKPMOpeY-QG81czSBA&usg=AFQjCNGQyvcBl4vKCMvZfy5FaMsHMXHZwg)
Bloomberg - 19 minutes ago
``The main channel is through the exchange rate: a sharp currency depreciation can feed through rapidly into inflation. Higher interest rates in response ...


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