Volatility to affect currency values: Peterson

PUBLISHED ON: March 9, 2007

   
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Up one minute down the next, the wild swings on Dalal Street have left investors dizzy and brace yourself for more because this volatility may be a mere symptom of a larger problem.Founder of the world's largest private equity group Blackstone, Peter Peterson fears that structural imbalances in the global economy could lead to a sharp re-adjustment in currency values, which in turn could hurt economies and markets across the world.
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