By Samantha Pearson and Jean Luis Arce | Reuters | Fri Dec 17, 2010 1:23pm EST
* Brazil’s real loses 0.8 pct, Mexican peso down 0.3 pct
* Chile’s peso firmer on copper and rate hike (Adds comments, updates prices)
SAO PAULO/MEXICO CITY, Dec 17 (Reuters) – Chile’s peso hit a fresh 30-month peak on Friday thanks to the higher price of copper, but lingering concerns over the euro zone caused losses among the region’s other currencies.
Ratings agency Moody’s slashed Ireland‘s credit rating in the midst of a meeting of European Union leaders that was intended to restore market confidence in the region. [ID:nLDE6BF2A3]
A major financial fallout in Europe would not only deter investment in emerging markets but also put the brakes on the global economy, reducing demand for Latin American exports.
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EMERGING MARKETS-Chile's peso hits 30-month high, real sinks
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What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants