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IMF: Latin America Facing Period of Weaker Currencies

Latin American nations are looking ahead at a period of weaker regional currencies, while the widespread growth model based on commodities exports is nearing a “plateau”, an International Monetary Fund official said on Wednesday.   Cooling economic growth, rising international interest rates and softer commodities prices have combined to pressure currencies in recent months.   “There are differences from one economy to another, but in general the international context points to...

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