Mexico, Chile ETFs Dust Off After Currencies Stumble
August 06, 2008 at 16:00 PM EDT
Latin American exchange traded funds (ETFs) are dusting themselves off today after faltering yesterday. The Chilean peso fell for a third straight day after the Federal Reserve hinted that it would raise rates this year. The central bank wound up keeping interest rates exactly where they were. Tuesday’s loss was reactionary to the drop in major [...]