Thursday, July 19, 2007

Zloty Advances as Investors' Appetite for Emerging Market Assets Returns

(Bloomberg) -- The Polish zloty rose as investors
regained their appetite for risk and bought emerging-market
stocks.

Poland's WIG 20 index saw its biggest gain in more than two
weeks and stocks in Hungary, the Czech Republic and Romania also
rose after Federal Reserve Chairman Ben S. Bernanke allayed
concern that a housing slump would brake U.S. economic growth.


Read more at Bloomberg Emerging Markets News

No comments: