(Bloomberg) -- The Polish zloty posted a weekly gain,
advancing to an eight-day high against the euro, as investors
regained their appetite for emerging-market assets.
Investors resumed buying stocks and higher-yielding
currencies such as the zloty, the Turkish lira and the South
African rand as concern abated that losses on U.S. subprime
mortgages would slow global economic growth. The risk of holding
European corporate debt fell for the first week in seven.
Read more at Bloomberg Currencies News
advancing to an eight-day high against the euro, as investors
regained their appetite for emerging-market assets.
Investors resumed buying stocks and higher-yielding
currencies such as the zloty, the Turkish lira and the South
African rand as concern abated that losses on U.S. subprime
mortgages would slow global economic growth. The risk of holding
European corporate debt fell for the first week in seven.
Read more at Bloomberg Currencies News
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