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Turkey Ripples Hit Korea as Record Money-Market Funds Pulled
Turkey’s economic troubles are reverberating in a market for short-term investors all the way across the Eurasian continent in South Korea. Investors pulled 8.7 trillion won ($7.8 billion) from mutual funds dealing in short-term debt and other cash-like instruments on Friday, the biggest single-day outflow ever from such products, according…
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Click here to read the full story: Bloomberg