Image: CNBCTV18Emerging currencies slide as Iran war 'confusion’ jolts market - CNBC TV18
• Emerging-market currencies declined on Tuesday following clashes near the Strait of Hormuz, which reignited geopolitical tensions. • The market volatility occurred despite ongoing ceasefire negotiations between the United States and Iran. • In contrast to the currency slide, emerging-market stocks rose, driven by optimism surrounding artificial intelligence and rallies in South Korean and Hong Kong markets.
cnbctv18.com