Emerging Market currencies in Peru and Brazil post gains

Emerging market currencies have posted major gains recently, led by Peru and Brazil.

The Peruvian sol posted its biggest daily gain in over two decades as the country's presidential candidates predictable economic policies caused the stock index to gain 8.4 per cent.

In Brazil, the real soared as the lower house approved the dismissal of President Dilma Rousseff due to corruption allegations.

Read more at Reuters.