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Bloomberg Markets

Emerging-Market Currencies Plunge on Blowout US Jobs Report

Emerging-Market Currencies Plunge on Blowout US Jobs Report
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Currencies in the developing world sank after a blowout US jobs report provided the clearest sign yet that the labor market is breaking out of a prolonged period of lackluster hiring, undercutting the case for rate cuts from the Federal Reserve.

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Bloomberg Markets

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