Emerging Currencies Weaken as US-Iran Standoff Lifts Dollar

Tuesday, August 11, 2026 - 11:11
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Emerging Currencies Weaken as US-Iran Standoff Lifts Dollar
Most emerging-market currencies weakened against the dollar on Monday as fading hopes of an imminent US-Iran deal to reopen the Strait of Hormuz sent Brent futures prices higher.

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