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Latin America facing period of weaker currencies -IMF

Posted on 20 March 2014

Latin American nations are looking ahead at a period of weaker regional currencies, while the widespread growth model based on commodities exports is nearing a “plateau”, an International Monetary Fund official said on Wednesday.
Cooling economic growth, rising international interest rates and softer commodities prices have combined to pressure currencies in recent months………………………………………..Full Article: Source


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