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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