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Showing posts with label emerging-market currencies. Show all posts
Showing posts with label emerging-market currencies. Show all posts

Tuesday, July 07, 2015

Emerging Currencies Drop, Led by Forint, After Greece ‘No’ Vote

The Hungarian forint and the Romanian leu led emerging-market currencies lower as Greece’s rejection of austerity measures heightened the chance the nation will exit the euro, damping demand for riskier assets.