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Massive money easing in rich countries making Latam currencies too strong

Posted on 22 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 said on Monday.
“I think the factor that most worries Latin America is the strength of its currencies,” said Alicia Barcena, the Economic Commission for Latin America and the Caribbean’s (ECLAC) executive secretary, said……………………………..Full Article: Source


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