Region Braces for More Volatility

Sep 26, 2011

LatAm countries and corporates are comfortably positioned to weather the volatility sweeping across the globe, but capital market activity will be slow to return given the overarching uncertainty, said bankers and government officials on the sidelines of the IMF meetings in Washington this weekend. Indeed the region has already started to feel the effects of such nervousness, with the Brazilian real and Mexican peso for the first time taking a considerable hit in recent days, and bonds...

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