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Emerging MarketsEM Middle East

ADCB comes back to Kangas

Abu Dhabi Commercial Bank ended a seven year absence from the Australian dollar market on Tuesday to continue this year’s run of successful Kangaroo bonds from the MENA region. Some analysts are expecting the Australian dollar to weaken and this could dent demand from some investors. But the benefits the Kangaroo market offers are likely to counter any drop in the currency, said debt bankers.

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