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Pakistan devalues rupee for fifth time this year

Bloomberg Pakistan devalued its currency for the fifth time this year as the nation negotiates a bail-out with the International Monetary Fund. The rupee fell 3.8 percent to 139 per dollar at close from 133.9. The rupee has erased more than a fifth of its value to become the worst performer in Asia this year, according to a basket of ...

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Asian central banks are in for a quieter year in 2019

Bloomberg For most of Asia’s central banks, things should be a whole lot less exciting next year, and that’s a good thing. As the US Federal Reserve looks towards topping off its interest-rate hike cycle, even those policy makers in the region who haven’t followed the tightening path should be in position to keep policy steady, according to Deyi Tan, ...

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American Air pilots seek more Max training after Lion crash

Bloomberg American Airlines Group Inc. pilots want the carrier to offer more training on Boeing Co.’s 737 Max to better understand new anti-stall software, after a preliminary report on an Indonesia plane crash suggested that aircraft malfunctions left aviators overwhelmed. The Allied Pilots Association made the request after what the union said was an unprecedented meeting with Boeing officials this ...

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