04.02.2014 - Latin American currencies depreciate to lowest level since 2003
Latin American currencies fell, sending an index tracking the regionís foreign-exchange rates to the lowest since 2003, as manufacturing gauges declined in China and the U.S., the regionís biggest trading partners. The Bloomberg JP Morgan Latin America Currency Index, which tracks the regionís six most-traded currencies including Brazilís real and Mexicoís peso, fell 1 percent to 89.39 as of 3 p.m. in New York, the lowest closing level since March 2003. Colombiaís peso sank 1.5 percent, while Mexicoís currency fell 1.3 percent...............................................Full Article: Source
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