Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal | Blerbz

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/Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal

Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal

August 20, 2026 at 10:47 AM

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Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.

Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.

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