Most Latin American countries have significant trade ties with the United States, which makes the exchange rate of their currencies against the dollar a key economic variable.Although the colón has experienced a relevant appreciation against the dollar, other Latin American currencies have also shown similar behaviors, while a minority depreciated against the currency. Of the 14 currencies considered, only three lost value compared to the dollar…
Most Latin American countries have significant trade ties with the United States, which makes the exchange rate of their currencies against the dollar a key economic variable.Although the colón has experienced a relevant appreciation against the dollar, other Latin American currencies have also shown similar behaviors, while a minority depreciated against the currency. Of the 14 currencies considered, only three lost value compared to the dollar…