MSCI’s emerging-market currency index hit a day’s low following the report, and dropped to its lowest since early April. Mexico’s peso and South Africa’s rand, two bellwether emerging market currencies, erased earlier advances.
MSCI’s emerging-market currency index hit a day’s low following the report, and dropped to its lowest since early April. Mexico’s peso and South Africa’s rand, two bellwether emerging market currencies, erased earlier advances.