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Business & Finance

Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal

Bloomberg Markets Thursday 20 August 2026, 10:47 UTC By Peter Laca 1 min read
Key Points

Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.

Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.
Emerging FX Gains (ORG) South Korea’s (LOCATION)
Originally published by Bloomberg Markets Read original →

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