EMERGING MARKETS-Lira on the ropes as EM currency beating goes on

EMERGING MARKETS-Lira on the ropes as EM currency beating goes on



*Argentina peso boosted by hopes for IMF support. LONDON, May 16- Turkey's record-low lira was among a host of heavyweight emerging market currencies pinned to the canvas on Wednesday after the dollar put on another brutal show of strength. News that North Korea had called off high-level talks with South Korea, after Seoul had held military drills with the United…



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