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Emerging Markets Sour Amid Metals Selloff and Dollar Strength

Emerging-market assets pared a monthly rally, falling for a second session after a massive selloff in metals and renewed dollar strength dampened risk appetite on Friday.

Currency prices displayed in a storefront in the financial district of Buenos Aires, Argentina, on Monday, Sept. 8, 2025. Argentina's currency, bonds and stocks plunged after President Javier Milei's party suffered a landslide defeat in a key provincial election, heightening concern the administration lacks the political support needed to sustain its overhaul of the economy. Photographer: Tomas Cuesta/Bloomberg
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