28.07.2011 - Emerging-market currencies face intervention; debt little changed

Brazil's real slid sharply against the dollar after the government announced new currency controls, even as investors searching for safety drove up Asian currencies to fresh highs. The continued move to developing market assets as the euro-zone and U.S. both deal with their debt issues, translated into gains for emerging currencies and debt, although there were some holdouts..............................................Full Article: Source

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