EMERGING MARKETS-Dollar pressures Latam FX; stock indexes on track for best month since 2020 [Yahoo! Finance]
Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Yahoo! Finance
ET/2000 GMT) By Johann M Cherian and Lisa Pauline Mattackal Nov 30 (Reuters) - Strength in the U.S. dollar dented most Latin American currencies on Thursday, but broader indexes tracking currencies and equities in the region were on track for strong monthly gains as investors refocused on riskier assets. MSCI's index tracking Latin American stocks rose 0.4% and is set to end the month over 12% higher, its best month since November 2020. MSCI's basket of South American currencies fell 0.8% on the day as the dollar staged a broad-based recovery on month-end buying. The index is set to rise 3.7% in November, its best month since end-June. Eduardo Ordonez Bueso, EM debt portfolio manager at BankInvest, said that weakness in the dollar earlier this month on the possibility of U.S. rates peaking and hopes of a soft landing had been major drivers for investor interest in the region. MSCI's International Emerging Market Currency Index rose nearly 3% in November, while global emerging market s
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