Emerging-market stocks drop before Turkey's rate decision

Source: Bloomberg
© Scanpix/RS
Emerging markets shares retreated on Tuesday trading session after the People's Bank of China revealed its decision to drain funds from region's banking system and as Turkey's equities lost before the local central bank revealed rate decision. The MSCI Emerging Markets Index fell 0.2% to 962.26 by 10:34 a.m. London time after rising in the previous two sessions.

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