Jeffrey Halley, Senior Manager FX Trading at Saxo Capital Markets gives CNBC's Cash Flow his view on the Indian rupee, Indonesian rupiah and Malaysian ringgit.
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Cost-cutting moves can result from inspiration, or the overlooked obvious, but companies have been thriving on them for decades. It may not raise revenue, but it certainly helps the bottom line.
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The Dow fell by 635 points, Asia followed suit and Europe is expecting losses for up to 6 percent following the downgrade of US debt by ratings agency Standard & Poor’s. Whether the move by S&P can be wholly blamed for the heavy selling of stocks is open to question, but the market is now asking...
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