Spreading fast: A patient has her temperature checked. Surging coronavirus infections have dispelled hopes of a fast recovery for all regions. — AP
BENGALURU: Emerging-market (EM) currencies are expected to rise a bit further in coming months as a sliding United States dollar offsets domestic worries about large economic imbalances stemming from the coronavirus pandemic, a Reuters poll showed.
From a peak reached early in the year, the EM currency index, heavily weighted toward China given the size of its economy, weakened over 7% to hit a 2020 low in late March.
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