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Currency Wars Are Heating Up Across Latin America

by Charles Wallace on Jan.11, 2011, under Towing

They’re gearing up for a potentially damaging round of currency interventions to help keep their economies competitive, especially against China. Says Brazilian Finance Minister Guido Mantega: “This is a currency war that is turning into a trade war.”

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Currency Wars Are Heating Up Across Latin America originally appeared on DailyFinance on Tue, 11 Jan 2011 06:30:00.

Filed Under: Economy, Investing, Currency

:@aoloriginal, Argent, Ben Bernanke, Brazil, brazilian real, Chile, Chilean peso, China, Currency, currency controls, currency exchange, currency war, Dollar, economy, euro, exchange rates, Federal Reserve, interest rates, Investing, Latin America, loose money policy, mexican peso, peru, quantitative easing, renminbi, renminbi dollar exchange rate, south america, yuan

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