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South Korea's central bank warned on Thursday that an early shift in its monetary policy stance could pile more pressure on the local currency, a risk that needs to be properly addressed.
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The Indian rupee is poised to open lower on Thursday, pressured by the Chinese yuan-led fall in Asian currencies, while awaiting the Reserve Bank of India's decision on interest rates.
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The European Central Bank will hike its key interest rates by 25 basis points on June 15 and again in July before pausing for the rest of the year as inflation remains sticky, according to a clear majority of economists polled by Reuters.
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Ethiopia's overall spending is expected to rise slightly and economic growth to accelerate in the next fiscal year starting in July, its finance minister said on Thursday.
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Turkey's recently appointed Finance Minister Mehmet Simsek is scheduled to convene a meeting next week with top banking executives, banking sources said.