Latin American Currencies Hit Record Lows as Drop Turns to Rout
- Bloomberg Markets and Finance
Nov.28 — Latin American currencies turned a decline into a rout this week, with three of the region’s most-traded bills hitting record lows. The Colombian and Chilean pesos both fell to all-time lows Wednesday as a wave of anti-government demonstrations threaten to damp economic growth. Brazil, which has avoided such the political turbulence, also saw its currency headed for a record low, forcing the central bank to intervene for the third time in two days. Justin Carrigan reports on “Bloomberg Daybreak: Europe.”
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