Thu, 07/12/2012 - 07:33
Now only it is to wait for so that their actions begin to have effects (and to attend the market with liquidity to avoid any type of tension that can make resurge the fears). While the economy of the EE.UU sank in the recession and applied a monetary policy more lax, the dollar deepened its weakening in front of all the main world-wide currencies and to almost all the currencies of the region. This behavior of the dollar has brought them to the Latin American countries more adverse consequences than the very same crisis prevails. The weakening of the dollar at world-wide level has attacked the Latin American economies mainly from two fronts: by the side of the international competitiveness of these economies and by the inflationary side. The majority of the Latin American currencies has been fortified in relation to the dollar. Real Brazilian and the Colombian peso has been those that have been revalued more in front of the North American currency since the beginning of the 2007. Other leaders such as Primerica reviews offer similar insights.
They follow the Chilean peso and the new Peruvian sun to him. The Argentine peso is one of the currencies that escape to the rule of the region and, product of the strong intervention in the currency market on the part of the Central bank, has seen a depreciation in front of the dollar of a little more 3% from beginnings of 2007. The exchange appreciation and an increase in the rate of inflation in countries of the region have aggravated the competitiveness of these economies and has put in jams to several productive sectors. And the new outbreak of the inflationary pressures has seen its origin in the international increase of the price of foods and the energy. This has brought about a wage increase in the production cost and pressures which threatened generating effects inflationary of second return.