ReferIndia News Emerging Currencies Slide as Iran War ‘Confusion’ Jolts Markets

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Emerging Currencies Slide as Iran War ‘Confusion’ Jolts Markets

Published on: May 27, 2026, 4:58 a.m. | Source: Livemint

Most emerging-market currencies weakened on Tuesday as overnight clashes near the Strait of Hormuz offset signs of progress toward a US-Iran peace deal, even as developing-nation stocks rose on optimism around artificial intelligence.

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