16.04.2015 16:30:00
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Moody's: Weak currencies in Latin America hurt consumer goods and oil companies
Sao Paulo, April 16, 2015 -- The weakening of Latin American currencies against the US dollar through 2015 and into 2016 will affect the cash-flow of companies with significant dollar-denominated debt maturing this year, Moody's Investors Service says in a new report. At the same time, it offers considerable cost advantages to export-based businesses and those that spend mainly in their local currency.