Latin American currencies slip as traders assess Fed rate hold
Most Latin American currencies slipped on Wednesday as traders assessed the Federal Reserve's decision to hold rates steady. Attention shifted to President Luiz Inacio Lula da Silva's cabinet choice in Brazil.
By Sudeshna GhoshalMost Latin American currencies slipped on Wednesday as traders parsed the US Federal Reserve's decision to hold rates steady, while attention shifted to President Luiz Inacio Lula da Silva's choice for his cabinet in Brazil.The Brazilian real FX_IDC:USDBRL weakened 0.1% against t…