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LatAm Daily | Mexican and Chilean policy makers attentive to exchange rate movements

Published on Friday, July 31, 2015

LatAm Daily | Mexican and Chilean policy makers attentive to exchange rate movements

In Mexico, an increased intervention in FX markets was announced to deal with potential volatility issues as the Fed prepares to hike rates and Banxico remained on hold while delivering a more dovish tone. In Chile, minutes revealed the CB is weighing the risks of further exchange rate depreciation and economic activity data showed some recovery in June.

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