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Emerging markets — Brazil real tumbles, Chilean peso supported by rate rise: Reuters

The Brazilian real slid more than 1 percent on Friday, heading for its third weekly decline after prices of iron fell on fears of slowing demand from China, while Chile’s peso found its footing after the country’s central bank raised interest rates, according to Reuters. Overarching worries of a slowdown in China due to rapidly rising COVID-19 cases amid the US Federal

Mexico s economy is entering a technical recession as GDP falls again Business and Economic News

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