Mexico is “comfortable” with the currency exposure of its 100-year GBP bond sale, its head of public credit Alejandro Díaz de León tells LatinFinance
Category: Regions
Posted inWeb Articles
Peru makes “aggressive” push for fresh PPP investment — Castilla
Peruvian finance minister Miguel Castilla says the country is working to rebalance the economy away from commodity exports
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Exclusive: Mexico’s Videgaray defiant on growth and reforms
Mexico’s finance minister Luis Videgaray says growth is on track to hit 3.9% in 2014
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Mexican officials defend reforms – Video
VIDEO: Leading Mexican officials, including finance minister Luis Videgaray, head of public credit Alejandro Díaz de León, and Pemex treasurer Rodolfo Campos, hit back at mounting domestic criticism that the benefits of last year’s historic reforms are slow to be seen
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Venezuela’s Sicad II gets tentative thumbs up
New forex regime in Venezuela, which decriminalizes parallel market transactions, viewed positively
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Moody’s upgrades Mexico, Paraguay as Fitch sounds Brazil warning
An economic shake-up pushed through by Enrique Peña Nieto’s government has improved Mexico’s medium-term economic prospects, says Moodys
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Pemex to become “better company” with energy reform, says Lozoya
In an opinion article exclusive to LatinFinance, Pemex’s chief executive officer Emilio Lozoya says the Mexico’s energy reform offers the oil firm unprecedented opportunities
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Mexico bond opens dollar market amid slow start
Mexico recorded its lowest-ever bond coupon in Thursday’s deal, but other borrowers are yet to be tempted
Posted inDaily Brief
Peru expected to hold rates
Analysts expect Peru’s central bank to hold rates at 4% when it meets today, although one says a rate cut is possible. The bank held rates in December after a surprise cut in November from 4.25%. Before that, rates had been stable for more than two years. Peru’s reported lower-than-expected inflation in December, bringing the annual rate to 2.86% for 2013, inside the central bank’s 1% to 3% target. That gives the central bank some freedom, says the analyst. The central bank revised down its 2013 GDP growth expectations, to 5.1%, from 5.5%, in December. The deceleration could spur a rate cut, but waiting would give the economy an opportunity to stabilize, the analyst said.
Posted inDaily Brief
Colombia base rate held at 3.25%
Colombia’s central banks held the country’s benchmark interest rate at 3.25% at its December meeting. The bank says it took into account better than expected signs of recovery in the global economy, as well as the US’s reduction in monetary stimulus. Colombian GDP growth was stronger than expected in the third quarter and inflation was lower than forecast.