Two Latin American central banks intervened this week to defend their currencies, which had sunk to record lows against the dollar as a continent-wide spread of economic instability and social unrest.
On Thursday, the Chilean central bank said it would sell as much as $20 billion in monetary interventions, equivalent to half of its international reserves, starting on Monday. After not doing so for three months, Brazil's central b....
Tags : central banks, income growth, Chilean government, Chile's currency,
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