Intervention risks for Latin American currencies are resurfacing amid the recent strong performance of some of the region's currencies, Societe Generale says. "This is particularly the case for CLP and the COP, which have outperformed their peers since the beginning of the year," it notes. Chilean authorities have already signaled their concern about the strength of CLP, it adds. USD/CLP currently trades at 474.30, while USD/COP trades at 1798.6.
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