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]
Publication Date:Origin: reuters.com
Category: companyNews
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