Economy & Business - January 2011 (ISSN 1741-7430)

Can the region live with strong currencies?

Leader 04 February 2011 Modified: 04 February 2011 604 views

Apart from Argentina and Venezuela, Latin America has seen its currencies appreciate against the dollar over the past year. The only country which has managed to drive its overvalued currency back down against the US dollar has been Colombia. In Chile, Brazil and even Mexico the big business concerns are twofold: will the current strength of the domestic currency last; and if so what is the best way to prosper?

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