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The Brazilian real has fallen 35.7% in the first half of 2020, the steepest decline of any world currency other than Venezuela.

Latin America has reached parity with Africa as the area of the world with the most problem currencies as five are among the top 10 decliners against the dollar.

Two Latin American countries -- Venezuela and Brazil -- lead the world with the largest currency declines against the dollar in the first half of 2020 with Mexico, Argentina and Colombia not far behind in an ominous sign for a region that is rapidly becoming the world's hot spot for troubled currencies and economies.  As a result, the region is rapdily approaching parity with Africa in currency volatility and weakness.