Emerging-Market Currencies Modestly Up

By Prabha Natarajan Emerging-market currencies and debt were firmer for most of the day, though there was some paring of gains toward the end of trading on Tuesday. Investor confidence rallied on the hope of European leaders resolving the region's debt c

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When the biggest unknown out there [Europe] stabilizes, then you are going to get people going back to higher yielding currencies....

in Emerging-Market Currencies Modestly Up

Wall Street Journal - 2012-08-21 21:59:00

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