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Asia Flash | 10 May 2013: China April credit slows; Hong Kong posts lacklustre Q1 GDP; India IP rises; Vietnam cuts policy rates

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Published on Friday, May 10, 2013

Asia Flash | 10 May 2013: China April credit slows; Hong Kong posts lacklustre Q1 GDP; India IP rises; Vietnam cuts policy rates

The yen’s long-awaited, but surprisingly sudden depreciation to below 100 per USD impacted Asian markets today, with regional currencies weakening against the US dollar.