BIS paper analyses carry trades in Latin America
Carry trades ‘may pose significant risks', say researchers
The "attractiveness and feasibility" of carry trades in Latin America have suffered from the "reduced availability of financing for risky leveraged positions", according to a working paper published by the Bank for International Settlements on April 30.
Currency carry trades in Latin America reports the findings of a study group, chaired by Julio Santaella of the Bank of Mexico and comprising representatives from across the Americas.
According to the report, interviews carried out by the group
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