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South American countries that impose some of the world’s toughest barriers to trade escaped with just a 10% baseline tariff, boosting currencies and stocks in the region. Brazil imposes the ...
They will also share the intention of creating, in the long term, a currency of South American circulation, with the purpose of strengthening trade and productive regional integration plus ...
South American debt in local currency has become a painful experience for international investors, with little signals of relief and reversal of the situation. The growing risks of inflation ...
LATIN AMERICAN countries are among the most dollarized in the world. While the extent of dollarization—when foreign currency is used in place of the local currency—varies widely among countries in the ...
Several countries besides the United States use the US dollar as their official currency, including nations in South America, Africa, and the Pacific. That translates to more than 350 million ...
With these transactions, Bolivia joins other countries in South America, most notably Brazil ... International Monetary Fund using the Chinese currency. In Brazil, the yuan surpassed the euro ...