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Emerging Currencies Rise, Stocks Trim Losses Amid Risk-On Mood

Markets

Zijia Song, Srinivasan Sivabalan, Mpho Hlakudi

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August 6, 2025

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Bloomberg

Emerging-market currencies extended their earlier gains, while stocks trimmed losses as the latest remarks by Federal Reserve official Neel Kashkari weighed on the dollar and boosted risk appetite.

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