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EMERGING MARKETS-Russian rouble lags EM peers after U.S. sanctions
Reuters
2 hrs ago
By Susan Mathew
Rouble cuts losses after sanctions Turkish c.bank holds rates, but doesn t signal tight policy Brazilian real rises; services activity surges in Feb Brazil s Cia Hering volts on rejecting Arezzo Industria offer (Adds Latam market moves, updates prices) By Susan Mathew April 15 (Reuters) - Russia s rouble slumped on Thursday, after Washington announced new sanctions targeting the country s sovereign debt, while most other emerging market currencies rose, with Mexico s peso hitting a two-month high. Turkey s lira gave up session gains to trade little changed after the new central bank governor held rates but shied away from reaffirming a pledge to tighten policy. The currency had briefly dipped into the red after the decision. The rouble weakened 2% to the dollar in anticipation of the sanctions, imposed over malign acti ....

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