Currency turmoil can be boon to Latin American exporters

Bogota

AMID the worst emerging-market currency rout since the global financial crisis, some developing countries can expect a silver lining.

Latin America's commodity-producing nations, which have seen their foreign-exchange rates fall to record lows, may end up among the biggest winners as their exports become cheaper and more attractive. The countries' manufacturers stand to benefit after losing their competitive edge in global markets in the past decade as higher prices for goods from copper to oil pushed up currencies and squeezed local production.