(Bloomberg) -- Colombia's peso declined, reflecting
waning investor appetite for riskier, emerging market assets
following a Chinese stock market sell-off and the Colombia
government's purchase of dollars to stem currency appreciation.
Chinese stocks fell 6.8 percent, the most in three months,
after the government tripled a tax on securities transactions to
cool a rally that more than doubled local stock prices this
year.
Read more at Bloomberg Currencies News
waning investor appetite for riskier, emerging market assets
following a Chinese stock market sell-off and the Colombia
government's purchase of dollars to stem currency appreciation.
Chinese stocks fell 6.8 percent, the most in three months,
after the government tripled a tax on securities transactions to
cool a rally that more than doubled local stock prices this
year.
Read more at Bloomberg Currencies News
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