World currencies are falling fast, but the IMF says there’s no reason to panic

A rush for the exits is underway in some world markets: Currencies from Brazil to India have been dropping fast. Growth in countries that were once the shining stars of the world economy is no longer taken for granted. And political crises in Ukraine, Thailand and elsewhere have cast doubt on the readiness of politicians to act.

Another down day takes shape on Wall Street. Is it time to panic?

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