EMERGING MARKETS-Mexico's peso up strongly after brutal selloff; Brazil's real down
June 12, 2020 at 10:29 AM EDT
Brazil's real slid on Friday as it caught up with a rout in markets, while other Latin American currencies firmed against a steady dollar with Mexico's peso looking to recover from its heaviest sell-off in three months. The peso surged 2.4%, on track to post its biggest one-session gain in 11 weeks after the currency lost nearly 4% on Thursday as worries over a prolonged economic recovery were exacerbated by fears of a second wave of COVID-19 infec