Bloomberg News

Nomura Updates Latin American Currency Forecasts for 2012

February 02, 2012

Feb. 2 (Bloomberg) -- Strategists at Nomura Securities Inc. in New York updated forecasts for Latin America, showing they expect most regional currencies to close the year stronger, and the Brazilian real to be weaker than previously forecast.

Nomura raised its year-end forecasts for the Chilean, Colombian, Mexican and Argentine currencies.

--Editor: Glenn J. Kalinoski

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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