Arab Today, arab today currency surge rampant across latin america
Last Updated : GMT 00:38:13
Arab Today, arab today
Arab Today, arab today

Currency surge rampant across Latin America

Arab Today, arab today

Arab Today, arab today Currency surge rampant across Latin America

Santiago - Arabstoday

Currencies across Latin America are rallying on massive dollar inflows triggered by the widening economic growth and rate differentials with the United States and Europe, though the emerging market nations have responded to the currency surge differently. South American nations will work together to fight hot money from abroad that is pressuring their currencies, Colombian President Juan Manuel Santos said after a Union of South American Nations (UNASUR) meeting in Lima. But many analysts are skeptical the region has the tools to put the brakes on their strong currencies. “For all the measures Brazil has adopted, its currency is still reaching maximum heights,” said Tricio. “The (Chilean) central bank isn’t going to take any measures.”  While most analysts do not expect Chile to unveil new measures, many of which are seen as costly and ineffective, some think current tools could be enhanced. Chile’s peso is likely to remain around three-year highs, with the central bank seen powerless in the face of soaring prices for copper, the country’s main export, and the dollar sagging on US economic and debt woes. The peso weakened 0.26 per cent to close at 457.70 on Friday, just a whisker away from the over-three-year intraday high of 455.40 hit on Thursday. Copper prices spiked to a three-month high early on Friday, driven up by a strike at Chile’s giant Escondida mine, before paring gains. The peso often moves in tandem with prices for copper, which accounts for over half of Chilean exports. The dollar was under pressure on fears of a looming US debt default, keeping the peso strong after it broke key resistance at 460 per US dollar this week. However, some analysts say weak US economic data will likely drag on the dollar even if a US default is averted. From/ Gulf Today

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today currency surge rampant across latin america Arab Today, arab today currency surge rampant across latin america

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today currency surge rampant across latin america Arab Today, arab today currency surge rampant across latin america

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday