Photo: MintNew York/London: The dollar’s gains reverberated across emerging markets as the case for multiple US interest-rate increases strengthened. Turkey’s lira and India’s rupee touched record lows, while the Philippine peso dropped to the weakest since the global financial crisis. Copper headed toward its best month in a decade, gold slipped and oil traded near $48 a barrel. The rupee touched a record low as global funds dumped Indian assets. The yen traded near the lowest in eight months, while the euro advanced.

Source: Mint November 24, 2016 15:13 UTC