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Macro Finance

Emerging Currencies Weaken as Iran Deal Remains Out of Sight

Bloomberg Markets·August 10, 2026·1 min read

Most emerging-market currencies fell on Friday as the dollar strengthened, while lingering uncertainty over a US-Iran deal for the key waterway drove Brent futures higher. The lack of progress on negotiations kept traders cautious, weighing on risk-sensitive assets and supporting safe-haven demand for the greenback.

Read at Bloomberg Markets
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