Destinations Central & South America

Latin America’s universal currency still far from becoming a reality

Excerpt from International Business Times

Jun 08, 2013 12:32 am

Skift Take

A universal currency could fuel travel between Latin American countries and remove conversion hassles for international tourists.

— Samantha Shankman

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Latin America is the trade destination du jour. With above-average growth rates and a slew of countries to choose from, foreign investors are flocking to the region and the world’s biggest economies want a piece of it. All this sudden interest, while mostly welcomed, has made some Latin American governments look for more integration and increased trade within the area.

Argentine attorney René Alberto Langlois stated that for the sucre to one day become the common real currency in the region, the country members have to first harmonize their economic policies.

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