IKN

Take physic, pomp

Chart of the day is…..

…the evolution of local currencies versus the US Dollar in the last three months.

Mexico’s Peso has been the weakest performer recently losing some 2% versus the USD. Next the Argentine Peso and its normal slow weakening route. Then come four currencies that have appreciated versus the dollar in recent months, namely the Peruvian Nuevo Sol, Brazil’s Real. Colombia’s Peso and the strongest of the lot, the Chilean Peso which has gained some 8% in the period vs USD.

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