Latin America

How is Latin America coping with falling currencies?

Overview of the Buenos Aires'9 de Julio Avenue with the Obelisk in the background, October 25 2011.

Latin America has seen widespread currency depreciations in recent years, but despite this growth continues. Image: REUTERS/Enrique Marcarian

Yan Carrière-Swallow
Bertrand Gruss
Economist, IMF
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Latin America

 Inflation remains high in some Latin American countries
Image: IMF
 Improvements in monetary frameworks have led to declines in exchange rate pass-through in Latin America
Image: IMF
 There is evidence of important second-round effects from depreciation's in Latin America
Image: IMF
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Related topics:
Latin AmericaBanking and Capital MarketsEconomic Progress
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