The South American country could also sell more foreign exchange swap contracts to “comfort” the market, head of central bank says
Category: Economy & Policy
Posted inDaily Brief
Possible US rate hike will hit Mexico, Central America
Mexico’s reliance on US foreign direct investment leaves it open to slower economic growth if the Fed hikes interest rates
Posted inDaily Brief
Peru speeds up infra investments
Finance Minister Alfredo Thorne says the government plans to unveil a new slate of PPPs and public works projects next week
Posted inDaily Brief
Trump concerns keeps pressure on Mexican, Brazilian currencies
LatAm currencies battered as investors raise concerns over a potential Fed rate hike
Posted inMagazine
Parting Shot: Pushing forward
Despite losing the referendum on its peace agreement, Colombia’s government maintains the political capital to undertake necessary reforms, argues Mauricio Cárdenas
Posted inWeb Articles
Trump worries keep the pressure on Mexico’s peso, Brazil’s real
The two currencies weaken over uncertainties surrounding the US president-elect’s economic plan and investor beliefs that increased spending under Trump will lead to aggressive rate hikes by the Fed
Posted inDaily Brief
Mexico looks to shore up peso
Banxico says it will hold a monetary policy meeting next week as analysts expect an imminent rate hike
Posted inDaily Brief
ODS nears IECSA sale
Chinese state-owned enterprises show interest in buying the Argentine construction company, sources say
Posted inWeb Articles
Mexico holds off on taking steps to shore up the peso – for now
Central Bank Gov. Agustín Carstens says the bank will hold a monetary policy meeting next week as the peso slumps in the wake of Donald Trump’s electoral victory
Posted inWeb Articles
Trump victory signals higher funding costs for LatAm borrowers
But much like Brexit, an initial negative reaction could give way to smoother markets, sources say