Sunday, April 29, 2007

Zloty, Peso, Won, Rand Never Looked Better to Currency Traders

(Bloomberg) -- Investments in emerging-market currencies, from the Mexican peso to the South Korean won, have never been safer.

The cost of options to protect against fluctuations in emerging-markets fell last week to a record low, a sign investors have grown more confident in the stability of developing countries, according to data compiled by JPMorgan Chase & Co.


Read more at Bloomberg Currencies News

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