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Economy weathering regional economic crisis well.(Chilean economy)(Brief Article)(Statistical Data Included)
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America's Insider
- Article date:
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August 23, 2001
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Copyright informationCOPYRIGHT 2001 Darien Gap LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Chile's economy appears to be resisting many of the economic pressures its neighbors are experiencing, posting strong first-half growth of 3.5%, as its policy of low real interest rates, and the resulting weak peso, appears to be succeeding in insulating it from the regional slowdown. Although the prices of the country's main export, copper, have been depressed, Chile still managed to post a $1.1 billion trade surplus in the Jan-July period, which regardless of the currency's weakness, was nonetheless impressive. Indeed Chile looks set ...
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Weak peso, rising rates bane to R.P. recovery
Filipino Express, The;
June 28, 1998 ;
325 words
...Filipino Express, The 06-28-1998 Weak peso, rising rates bane to R.P. recovery The Philippines, struggling...regional financial crisis, is once again being threatened by a weak peso and rising interest rates, economists said on Jun. 15. "The...
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FINANCE SECRETARIAT REPORTS TRADE SURPLUS AT US$3.34 BILLION IN...
SourceMex Economic News & Analysis on Mexico;
July 17, 1996 ;
622 words
......Grupo Financiero Invermexico, the weak peso has been, in effect, a subsidy for...sector should not have to depend on a weak peso to remain competitive, said InverMexico. The analysis said the weak peso creates other problems for the Mexican...
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Philippine Shares Fall One Percent on Weak Peso Fears
Xinhua News Agency;
July 17, 2001 ;
124 words
...Philippine share prices fell one percent on Tuesday on fears the weak peso would continue to lose ground against the U.S. dollar, analysts said. The 33-company Philippine Composite Index or Phisix, the...
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Weak peso, stronger inflation worrying Mexican economists.(The Dallas...
Knight Ridder/Tribune News Service;
December 31, 2002 ;
Case, Brendan M.;
630 words
......years, but bad news for U.S. exporters. A weak peso could also cast further doubt on the...the inflation rate is going to be the weak peso. The peso fell to 10.46 pesos per dollar...The question for 2003 is whether the weak peso will damage the central bank's efforts...
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Peso goes south: Currency's plunge could hit Americans in...
Knight Ridder/Tribune News Service;
November 9, 1995 ;
Pulliam, Liz;
787 words
......fold, thus depriving California of those tax revenues. The weak peso could also stall the importation of California produce and...is now likely to be hurt even more, Flaherty said. Q. Is the weak peso affecting U.S. securities markets? A. Apparently not. The Dow...
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Philippine Inflation Up 4.9 Percent in October
Xinhua News Agency;
November 6, 2000 ;
83 words
......economists forecast that the annual inflation in October would be 4.95 percent as the country's economy remained depressed by weak peso, higher oil prices, and flagging investor confidence. Philippine exports, on the other hand, came in at 27.86 billion U.S...
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Philippine Peso Strengthens Anew
Xinhua News Agency;
August 5, 2001 ;
109 words
......President Arroyo said in a Malaysian newspaper interview on theday that her government had an array of policies to combat the weak peso and praised Malaysian Prime Minister Mahathir Mohammad for his strong stand against speculators. Dealers said few believed...
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In South America, economies are on the mend, but it's.(FOREIGN...
The Kiplinger Letter;
July 11, 2003 ;
120 words
......pharmaceuticals, software, telecom, etc. Argentina will see gains of 4% this year and next, recovering from a four-year depression. The weak peso is boosting farm exports. Venezuela is weak from strikes over President Chávez's policies. Lower oil production...
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Perfect Weekend: Buenos Aires.(Brief article)
Newsweek International;
August 20, 2007 ;
120 words
...Make the most of a weak peso as the Good Life revels in Latin America's hottest spot. SHOP The Recoleta district has great boutiques, such as Humawaca (calle...
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Kimberly-Clark reports sales up in Q3.
Internet Securities;
October 18, 2002 ;
96 words
......Mexico, the country's largest producer of paper, has reported a sales increase in the third quarter of the year, although the weak peso and the high price of pulp took a bite out of profits. Sales rose 1.0% to 3.9 billion pesos (US$391.1 million), while net results...
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Inflation drops but weak Peso worries economists
Filipino Express, The;
March 19, 1995 ;
Rene Pastor;
419 words
...Rene Pastor Filipino Express, The 03-19-1995 Inflation drops but weak Peso worries economists. Philippine inflation fell to a seven-year low in February but economists said the trend is threatened by a...
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Mexican Peso May Be Weak in 2003, Economist Say.
Knight Ridder/Tribune Business News;
January 1, 2003 ;
645 words
......years, but bad news for U.S. exporters. A weak peso could also cast further doubt on the...the inflation rate is going to be the weak peso. The peso fell to 10.46 pesos per dollar...The question for 2003 is whether the weak peso will damage the central bank's efforts...
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Pounding the peso. (Mexican government taps into foreign-exchange reserves...
The Economist (US);
November 18, 1995 ;
272 words
......the decision to use some of the country's Dollars 14 billion of reserves was justified. Even exporters, who benefit from a weak peso, agreed. They may revive a plan to create a fund of several billion dollars to help stabilise the peso. Mexican officials defend...
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Philippine stocks end lower
Xinhua News Agency;
February 19, 2003 ;
107 words
...Philippine stocks end lower MANILA, Feb. 19 (Xinhua) -- Philippine share prices closed lower on Wednesday as the weak peso further dampened market sentiment. The composite index dropped 1.34 points, or 0.13 percent, at 1, 029.3, while the all-shares...
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Philippine Stocks Fall
Xinhua News Agency;
August 1, 2001 ;
137 words
......lowest in nine months on Wednesday, with most key blue chips posting steep losses, as the combination of foreign selling, a weak peso and a bleak economic outlook hurt investor sentiment. The 33-company composite index Phisix fell 29.18 points, or 2.14 percent...
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