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Daily Briefing: Higher Rates Deepen Private Equity’s Zombie-Fund Problem

Plus: A-CAP insurers sue South Carolina regulator over takeover attempt.

Daily Briefing: Higher Rates Deepen Private Equity’s Zombie-Fund Problem

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IMF warns financial shocks alone do not justify FX intervention

The International Monetary Fund (IMF) has cautioned that evidence of financial shocks in foreign exchange markets does not, on its own, justify central bank intervention, stressing the need for a…

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