Published May 12, 2026, 5:44 AM ET · Updated 6 months ago · 1 source

Emerging-Market Currencies, Stocks Fall as Iran Peace Hopes Dim

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Emerging-Market Currencies, Stocks Fall as Iran Peace Hopes Dim

Emerging-market currencies and stocks fell on concern the ceasefire between the US and Iran is on the brink of collapse, while a slump in South Korean shares also weighed on sentiment.