In These New Times

A new paradigm for a post-imperial world

«
»

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.

Read more

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.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

«
»
 
%d bloggers like this: