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BRIC stock markets saw biggest declines in 2008: World Bank

Posted on: June 23rd 2009 in Market News.

WASHINGTON: The global financial crisis has severely impacted equity markets in developing countries with BRIC (Brazil, Russia, India and China) nations witnessing some of the biggest declines in 2008, a World Bank report says. The impact of the sell-off on local equity markets was wide…

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