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View Full Version : Chilean Peso Advances After Rate Cut; Venezuela’s Bolivar Drops - Bloomberg



NewsWhore
02-13-2009, 05:00 PM
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Chilean Peso Advances After Rate Cut; Venezuela’s Bolivar Drops (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaKJue1V92ay0%26refer%3Dlatin_america&cid=1303773766&ei=xu2VSZTAH56eM7rqlaMK&usg=AFQjCNH4ieiCLjjNAAVaBXOxIX6e1alErQ)
Bloomberg - 52 minutes ago
The central bank’s rate cuts, coupled with the peso’s rally, may prompt investors to use it as a “funding currency,” Barclays Capital Inc. economists ...


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