Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Despite Pressures, Officials Untempted by Capital Controls

Mar 4, 2013

LatAm government officials insist they will continue to avoid currency controls even as inflows continue, with investors remaining comfortable that policies will largely avoid “currency war” tactics. Capital flows to EM have returned sharply since the end of last year, thanks to easy monetary policy in mature economies and the continued prospect of higher yields in emerging economies. “Taxing foreign capital is not an avenue we would like to pursue. We have not considered it yet,” Felipe Larrain,...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


  1. Commodities dip raises LatAm growth fears
  2. Investors raise concerns on LatAm structured finance
  3. Institutional wealth – pension funds: The next generation
  4. Man of the year: Seize the moment
  5. Pension funds grapple with investment limits as portfolios swell
Follow us


Poll

How busy will LatAm global-local currency debt issuance be this year?

Vote    


Popular Searches


At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.