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Chile Echoes Brazil on Currency War as Unchecked Peso Surges

Posted by seumasach on October 25, 2012

QE bails out the banks at home and offloads the crisis onto the Global South

Bloomberg

25th October, 2012

Chile’s ability to depreciate its peso is limited as developed countries and China fight “currency wars” that keep their exchange rates artificially weak, the Andean nation’s Finance Minister Felipe Larrain said in an economic forum yesterday.

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This entry was posted on October 25, 2012 at 10:55 am and is filed under Currency Wars. Tagged: . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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