Friday, April 29, 2016

EMERGING MARKETS-Brazil real hits 8-month high as Latam currencies rally

SAO PAULO, April 29 (Reuters) - Brazil's real surged to an

eight-month high on Friday, prompting the country's central bank

to step up intervention to derail the rally, while Colombia and

Mexico's pesos also hit their strongest levels this year.

Dovish signs from the U.S. Federal Reserve have fueled

strong gains in Latin American currencies this week.

The dollar index, a measure of the greenback's value

against a basket of currencies, was on course for its third

consecutive monthly decli

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