EM Review: Vaccine Hopes, Biden Transition Boost Risk Appetite

(Bloomberg) — Emerging-market stocks and currencies posted their fourth week of gains amid optimism over vaccine developments and the formal start of President-elect Joe Biden’s transition to power. Central banks in South Korea, Nigeria, Colombia and Sri Lanka all held rates steady as the scope for further monetary easing fades. The following is a roundup of emerging-market news and highlights for the week through Nov. 27: Highlights: Leaders…