Inflation 'discourages' capital markets in LatAm

Inflation 'discourages' capital markets in LatAm

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Rising inflation in Latin America is "discouraging" new issues of bonds and shares in Latin America's capital markets, Alexandre Tombini, chief representative for the Americas at the Bank for International Settlements (BIS), told LatinFinance. "As long as inflation continues, financial conditions will be tightened for longer. With tight financial conditions, this has an impact on the evaluation of risk assets in general," he said. To reverse this situation and revive the capital markets, Latin A

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