Stocks and Currencies Rise as Fed’s Actions Ease Strains

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Stocks and Currencies Rise as Fed’s Actions Ease Strains
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Stocks and some Asian currencies rose on Friday after the Fed said it would provide liquidity to nine central banks

Australia’s S&P/ASX 200, South Korea’s Kospi and Hong Kong’s Hang Seng each gained more than 3%, while stock-market benchmarks in Singapore, Malaysia and Shanghai were up more than 1%.

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