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No quick fix for Fragile Five

Jan 29 - South Africa follows on from Turkey and India by raising its key interest rates in a bid to quell the turmoil in emerging markets. Turkey's 4.25 per cent hike stunned investors, and pushed the Turkish lira to its biggest gain in five years as investors welcomed the news. But, as David Pollard reports, worries soon began reappearing over whether emerging markets are doing enough to stabilise their economies.

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