Emerging-market currencies mixed as stocks gain
Emerging-market currencies were mixed as stocks rose while markets assessed the prospect of a larger Federal Reserve rate hike.
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11:06:47 AM UTC
SquawkNews
By Sudeshna Ghoshal and Ragini MathurEmerging-market currencies traded mixed on Wednesday, as a stronger dollar and renewed concerns that US interest rates could remain higher for longer pressured riskier assets, while equities still extended their recovery on technology-sector strength.Overnight d…