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Emerging Markets Currency Index

Emerging Markets Currency Index latest

The Reasons Behind Emerging Markets' Recent Rally
June 9th, 2020 - 09:30 GMT

The Reasons Behind Emerging Markets' Recent Rally

Last week’s emerging markets’ rally was nothing short of surprising: The MSCI Emerging Markets Currency Index last week recorded its strongest weekly advance since 2016, with improving economic data. The US dollar retracted amid trade uncertainties and anti-racism protests which was good news for some emerging markets. Emerging market stocks posted their biggest gains in more than eight years last week. The rally was induced by most major economies starting ...
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