EMERGING MARKETS-Dollar retreat lifts Latam currencies [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
government posts budget deficit in March * Latam stocks up 0.6%, currencies add 0.5% By Bansari Mayur Kamdar April 29 (Reuters) - Colombia's peso rose on Monday, tracking broader emerging market currencies as the dollar retreated further, while Latin American stocks gained at the start of a data-heavy week, including an interest rate decision by the U.S. Federal Reserve. The peso added 0.4% against a softer greenback, briefly touching its highest level in two weeks, and Colombian stocks climbed 1.0% outpacing most regional peers. The Colombian stock exchange's president said measures taken by the exchange and securities issuers to improve liquidity could be enough for the country to hold onto its "emerging market" classification and stay in a key JPMorgan index. The International Monetary Fund on Friday approved a flexible credit line worth $8.1 billion for Colombia, which will not use the loan immediately but could draw it down during a crisis. Investors awaited a rate decision by Co
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JPM
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- 4/12/24 - Beat
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- 5/16/24 - Form 424B2
- 5/16/24 - Form 424B2
- JPM's page on the SEC website