RIO DE JANEIRO, BRAZIL - The drop in commodity prices in recent days poses new challenges for Latin America. Still, the risk varies by country, and Brazil appears to be in a "relatively better" position, Barclays said in a report.
"Mexico and Brazil appear to be in a relatively better position as they assume lower current account deficits and low domestic demand growth contains potential pressures," the bank said in a recent report.
According to the bank, the most vulnerable Latin American countries appear to be metals producers Peru and Chile, as copper prices have fallen more than 20 percent since . . .