Today: Global Currency War: How to Keep the "Race to the Bottom" From Stealing Our Future - Money Morning

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Apr 2, 2011

Global Currency War: How to Keep the "Race to the Bottom" From Stealing Our Future - Money Morning

When Brazil Finance Minister Guido Mantega recently warned of a "currency war that is turning into a trade war," he wasn't far off the mark - at least as far as Latin America is concerned.
In that region - in the last two weeks alone - at least three countries have taken steps to prevent their currencies from appreciating against the U.S. dollar.


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