Latin America the best positioned to face commodity price collapses: S&P

Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor's economist. From Mexico south, the expert believes most countries are in a good place to face commodity price sharp fluctuations because their external debt and financing needs are significantly lower than a decade ago.

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