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Barclays Counts Benefits for EM of $500 Billion IMF Reserve Plan

Lira Rallies As Erdogan's Win Removes Some Political Uncertainty
Photographer: Kostas Tsironis/Bloomberg

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Barclays Plc economists expect several developing nations to see “some tangible benefits” of the International Monetary Fund’s proposal to allocate $500 billion in reserve assets known as special drawing rights.