UPDATE: Mexico lowers benchmark interest rate to 5%; Bolivia cuts legal reserves to boost liquidity
Category: Latin America
Posted inDaily Brief
LatAm faces setbacks in COVID-19 response
High borrowing rates and structural problems are making it hard to finance stimulus programs, finance ministers say
Posted inDaily Brief
Loan market struggles to shake off coronavirus effects
Borrowers stick to short-term and bilateral deals as volumes plunge 86% year-on-year, sources say
Posted inDaily Brief
Brazil blocks WhatsApp payment service
Central Bank and anti-trust agency CADE say they need time to evaluate competitive aspects
Posted inDaily Brief
Vicentín still eyes bringing on partner
Argentine soy exporter keeps M&A talks alive, even as the government weighs seizing the company
Posted inDaily Brief
XP, VERT open credit lines for farmers
Brazilian investment manager and securities company launch DuAgro to offer loans to small and mid-sized producers
Posted inDaily Brief
FACTBOX 6/25/20: Latin America moves to mitigate impact of COVID-19
UPDATE: IDB provides $80 mln loan for small business relief in Uruguay
Posted inDaily Brief
Supervielle, TGLT line up local debt sales
More deals come as more companies tap peso liquidity to issue dollar-linked notes
Posted inDaily Brief
LatAm, Caribbean recession to be twice global average
Region’s economies will contract by 9.4% in 2020, driven by deep recessions in Brazil and Mexico, the IMF says
Posted inDaily Brief
EFE, SAAM join the flurry of bond sales
Chile’s state-owned rail company raises $136 mln in the local market, while the logistics company snares $42 mln