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Strong currencies, weaker exports threaten Latin America: U.N.

Posted on 21 May 2013

Currency strength due to stimulus measures in the developed world is currently Latin America’s Achilles’ heel, though the region’s macroeconomic management is a bright spot, the head of the United Nations’ body for the region told Reuters.
Monetary easing in Europe, the United States and Japan has led investors to hunt for better returns in the emerging world, strengthening Latin America’s currencies and damaging the competitiveness of its crucial exports………………………………..Full Article: Source


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