Latam Currencies Strengthen as Commodity Prices Surge

Wednesday, 13 March 2024, 14:37

Latam currencies, backed by strong commodity prices, rallied against a weakening dollar. The Chilean peso led the gains, driven by surging copper and crude oil prices, showcasing resilience in the region's FX market.

Commodity Boost for Latam Currencies

Most resource-endowed Latin American currencies saw gains against the dollar on Wednesday. The Chilean peso stood out thanks to the rally in key commodities like copper and crude oil.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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