May 14, 2026 at 11:05 AM UTC
Updated on May 14, 2026 at 8:54 PM UTC
Most emerging-market currencies fell Thursday on the back of a stronger dollar after US retail sales signaled consumer resilience in the world’s largest economy despite sharply higher gasoline prices.
The MSCI Emerging-Market Currency index edged lower, ending the session down less than 0.1%. The South African rand, the Chilean peso and the Mexican peso were among biggest laggards, while the dollar gained 0.3% — its biggest daily advance since April 29.
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