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EMERGING MARKETS-Latam currencies rise as dollar dips, investors return to riskier assets

07.03.2019 · Posted in Business News Article
Latin American currencies firmed on Wednesday as the dollar dipped and as investors gauged the implications of the nomination of the IMF's Christine Lagarde to head the European Central Bank. Markets are hoping that International Monetary Fund head Lagarde will maintain the ECB's recent dovish tone, which was echoed by the U.S. Federal Reserve, and had spurred inflows into riskier assets last month. "People think that Lagarde w

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