Reported 11 months ago
Emerging-market currencies, including the Mexican peso and Brazilian real, weakened against the US dollar despite weak US economic data, with high-yielding currencies like the Hungarian forint and Polish zloty also experiencing losses. South Africa's rand fell amid global risk aversion, while comments from Federal Reserve governors influenced market sentiment. In the bond market, countries such as the United Arab Emirates, Indonesia, and South Korea issued bonds, with interest in Indonesian green bonds and Ukraine receiving military aid. Latin American stocks declined slightly, while the overall emerging-market stock index rose, supported by increased profit forecasts for EM companies.
Source: YAHOO