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Unilever CEO says global economy hit by emerging market currency falls
October 24, 2013 / 8:13 AM / 4 years ago

Unilever CEO says global economy hit by emerging market currency falls

LONDON, Oct 24 (Reuters) - Unilever Chief Executive Paul Polman said on Thursday that the weakening of about six emerging market currencies at the same time was a shock to the global economy.

What also hurt sales at the consumer goods company was that the currency declines occurred at the same time as competition from rivals increased.

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