Currency Volatility Tracker

Currency Volatility Erupts in Latin America

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Venezuela and Argentina were the two most volatile currencies in the world in the 2nd quarter as the result of major declines against the dollar.

Latin America has replaced Africa as the region with the world's most volatile currencies as emerging markets worldwide come under greater stress.

Venezuela and Argentina, two of Latin America's most unstable and anti-market economies in recent years, are in trouble once again as their respective currencies were the most volatile in the world during the second quarter of 2018, according to the Currency Volatility Index (CVI).  Emerging markets have come under pressure amid a strengthening dollar, higher U.S. interest rates and growing trade tensions.

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