# Latam FX claw higher, stocks suffer worst week since financial crisis | Financial Post

> Latin American currencies rebounded from record lows on March 13, 2020, helped by expectations of more central bank stimulus and government spending. Regional stocks still suffered their worst week since the financial crisis, and the real gave back earlier gains to trade 0.6% lower.

- Date: 2020-03-13 · published 2020-03-13T12:00:00.000Z
- Category: market · region Latam · magnitude low
- Page: https://feedsoft.ai/events/6397-latam-fx-claw-higher-stocks-suffer-worst-week-since-financial-crisis-financial
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

The currency rebound is only partial and the real remains weak, so Brazilian export prices in dollar terms stay competitive. The move has limited direct effect on grain prices.

## Read by commodity

- USDBRL: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/latam-fx-claw-higher-stocks-suffer-worst-week-since-financial-crisis

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.