Dollar strength weighed on emerging currencies as monetary tightening expectations in the US rose. The Icelandic krona fell nearly 3 per cent following a warning of a “substantial risk” of a financial crisis in Iceland.
Dollar gains weigh on emerging market FX
By Darryl Thomson, Ralph Atkins, and Steve Johnson
Published: March 21 2006 12:06 | Last updated: March 21 2006 17:56
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