Bernanke Buys Time for Brazil to India as Ibovespa Leads Gains

The Federal Reserve’s surprise decision to refrain from scaling back monetary stimulus provided a respite to investors in emerging markets, where currencies are in the midst of their worst rout in two years. “It gives everyone some breathing time,” Denise Simon, an emerging-market fixed income m…

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Bernanke Buys Time for Brazil to India as Ibovespa Leads Gains

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