Latin American currencies will likely hold their ground in the face of global volatility, but remain exposed to domestic fiscal problems as well as uncertainty over the outcome of the U.S. election later this year, a Reuters poll showed on Tuesday.
The median estimate for Brazil's currency BRL= in 12 months was 3.75 per dollar, 1.9 percent stronger than in June's outlook. The Chilean peso CLP= and the Peruvian sol PEN= also had stable or better forecasts.
The Brazilian real gained 11 percent in June to its highest in almost a year as the central . . .
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