Emerging Market Currencies Hit Record High as Fed Rate Hike Bets Cool
According to Jin10, emerging market currencies hit record highs on Monday (August 17) as market expectations for further Federal Reserve rate hikes cooled. The emerging market currency index rose 0.2% to 1906.98, marking an all-time high, while emerging market stocks gained 0.6%. Weakening U.S.
GateNews·08-17 06:28
