Headline Details

EMERGING MARKETS-Latam FX up vs softer dollar, Argentina's peso licks its wounds

Published on: Fri, 26 Apr 2019 15:23:34 UTC
News Agency: Reuters
Description:
Latin America currencies firmed against the dollar on Friday, with a resurgent Argentine peso taking back a chunk of ground lost during Thursday's turbulent session. The dollar slid after data showed a burst in first-quarter U.S. economic growth was driven by temporary factors that are likely to reverse in the coming quarters, providing pressured developing world currencies a welcome reprieve. Argentina's peso firmed about 1.8% on returning

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