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EMERGING MARKETS-Latam assets steady after sharp sell-off

Latin American assets staged a partial recovery on Tuesday after a global sell-off driven by a symbolic fall in the value of China's officially-controlled currency eased. Beijing stepped in to keep the yuan in control after its drop past a sacrosanct 7 to the dollar mark roiled financial markets on Monday with Washington calling its arch trade rival a currency manipulator. The intervention by the Chinese central bank helped emerging market currencies move higher a [Source]

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Origin: reuters.com

Category: companyNews

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Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/FI7Z465HAWQ/emerging-markets-latam-assets-steady-after-sharp-sell-off-idUSL2N2520O5

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