(Bloomberg) -- Asian currencies rose as the biggest
gain in more than two weeks for the Standard & Poor's 500 Index
of stocks fed through to regional equities.
The Philippine peso and Indonesian rupiah led the advance as
the countries' respective share indexes climbed about 1 percent.
The rebound in global stocks gave investors confidence to put
money back into emerging markets, where the difference in bond
yields over Treasuries narrowed from the widest in a year.
Read more at Bloomberg Currencies News
gain in more than two weeks for the Standard & Poor's 500 Index
of stocks fed through to regional equities.
The Philippine peso and Indonesian rupiah led the advance as
the countries' respective share indexes climbed about 1 percent.
The rebound in global stocks gave investors confidence to put
money back into emerging markets, where the difference in bond
yields over Treasuries narrowed from the widest in a year.
Read more at Bloomberg Currencies News
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