EMERGING MARKETS-China rate cut boosts EM stocks; currencies recover as greenback eases

EMERGING MARKETS-China rate cut boosts EM stocks; currencies recover as greenback eases

China stocks firm on higher-than-expected borrowing rate cut Turkish consumer conf in May edges up from record low EM stocks, FX eye weekly gains of 3% and 1% respectively By Anisha Sircar and Bansari Mayur Kamdar May 20 (Reuters) – China stocks led emerging market stocks higher on Friday after Beijing’s larger-than-expected cut to a key borrowing […]

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