Emerging Market Countries

CORRECTED-FOREX-Dollar slips as yuan fixing lifts riskier currencies | Reuters

(Corrects milestone in first paragraph to refer to alter in yuan midpoint, somewhat than its absolute stage) * Greenback index languishing close to 2-1/2-year low * Dollar earlier acquired respite amid virus surge * Graphic: World FX charges in 2020 https://tmsnrt.rs/2RBWI5E By Kevin…

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Moody's says Mexican economy won't reach pre-pandemic levels until at least 2023

in.reuters.com | Mexico's economic system was already in a slight recession in 2019 earlier than the COVID-19 pandemic ravaged Latin America's second largest economic system and …

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India predicts GDP 7.7% contraction, likely to prompt steps to boost growth

in.reuters.com | The economic system contracted by a document 23.9% within the April-June quarter following a nationwide lockdown to stop the unfold of the coronavirus. The …

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EMERGING MARKETS-Most Asian currencies subdued, Taiwan dollar firms 1.6% | Reuters India

The next desk exhibits charges for Asian currencies in opposition to the greenback at 0212 GMT. CURRENCIES VS U.S. DOLLAR Forex Newest bid Earlier day Pct Transfer Japan yen 102.770 102.72 -0.05 Sing dlr 1.319 1.3176 -0.08 Taiwan dlr 27.953 28.402 +1.61 Korean gained 1087.500 1087.6 +…

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Factbox: North Korea's economy struggles as sanctions, COVID-19 weigh

in.reuters.com | Kicking off a uncommon congress on Tuesday, North Korean chief Kim Jong Un stated his formidable five-year financial plan unveiled in 2016 had “ …

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EMERGING MARKETS-Most Asian currencies weaken, Malaysian ringgit leads fall | Reuters

The next desk exhibits charges for Asian currencies in opposition to the greenback at 0213 GMT. CURRENCIES VS U.S. DOLLAR Foreign money Newest bid Earlier day Pct Transfer Japan yen 103.180 103.04 -0.14 Sing dlr 1.319 1.3176 -0.08 Taiwan dlr 27.954 28.407 +1.62 Korean received 1088.500 1085.6 -…

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Chinese regulator says it will avoid disorderly fluctuation in 2021 currency market | Reuters UK

China’s overseas change regulator mentioned on Wednesday it can keep away from disorderly fluctuation within the foreign money market in 2021.

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Chinese fund managers rush to capitalize on investors' green fever

in.reuters.com | Chinese language fund managers rush to capitalize on traders' inexperienced fever … at Shanghai See Reality Funding Administration Co, a hedge fund home.

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EMERGING MARKETS-EMEA stocks, FX gain on prospect of Democrat-led US Senate

in.reuters.com | EM shares at 13-year excessive. Jan 6 (Reuters) – Rising market shares and currencies in Europe, the Center East and Africa rose on Wednesday because the …

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Chinese regulator says it will avoid disorderly fluctuation in 2021 currency market | Reuters India

China’s overseas change regulator stated on Wednesday it’s going to keep away from disorderly fluctuation within the foreign money market in 2021.

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