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- EMERGING MARKETS-Latam FX set to log first weekly loss in three as stimulus cheer fades
An index of Latin American currencies
fell on Friday, set for its first weekly loss in three, as
optimism over a fresh round of stimulus for emerging economies
was offset by doubts about progress in U.S.-China trade talks.
MSCI's index of Latin American currencies
fell 0.4% with Brazil's real hovering at two-week lows.
The real was on course to lose nearly 2%, in part after Brazil's
central bank cut its
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This Great Big Story was made in partnership with Peru.
- EMERGING MARKETS-Latam currencies fall as stimulus cheer fades, Brazil stocks rise
Latin American currencies lost ground
against the dollar on Friday as optimism stemming from stimulus
in major economies began to fade, while stocks in Brazil led the
charge among regional indices.
MSCI's index of Latin American currencies
fell 0.4% in early trading hours with Brazil's real
hovering at two-week lows.
The real in on course to lose nearly 2% of its value against
the dollar mostly due to the central bank on Wednesday cutting
its interest-rate to a re
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