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...A version of this article was first published by Nikkei Asia on July 23. ©2022 Nikkei Inc. All rights reserved....
...And that activity wasn’t limited to clients....
...However, its impact on the economy would be limited by how much such action reduced medium-term market rates....
...The balance was put into a subsidiary that isn't limited by the terms of the company's agreement with its senior secured lenders....
...Clearly, India’s reliance on global capital flows has increased....
...By most accounts, the impact of the turmoil in international financial markets has been limited, with much of the region’s banking industry still generating healthy profits....
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