Tag Archives: emerging markets

Asian currencies advanced for a third week after reports signaled a pickup in U.S. economic growth, spurring inflows into emerging-market assets. The Bloomberg-JPMorgan Asia Dollar Index (ADXY), which tracks the region’s 10 most-active currencies excluding the yen, added to this year’s rally after claims for jobless benefits among Americans held at a four-year low. The Federal Reserve said on Feb. 29 the economy …