The Mexican peso is one of the few currencies to have risen in value against the dollar this year. That is a major psychological boost for Mexico but it’s wreaking havoc on its competitiveness.
Category: Regions
Early-Stage Banking
With a lack of foreign exchange, international regulatory pressure and shortage of bankable risks, Belize’s young banking system still has serious deficits.
Turning on the Credit Supply
Interest rates and inflation are falling. That should have a positive impact on bank lending and the capital markets.
Islands of Plenty
The Caribbean republic of Trinidad & Tobago has created a vibrant capital market that seeks to act as a regional banking center, serving public – and priavte – sector institutions.
Sovereign Report
Colombia Swaps, Issues, and Reopens Colombia carried out an impressive domestic debt exchange in June reducing its financing needs for next year. The government exchanged $2.45 billion in debt for […]
Too Little, Too Late?
In July, Colombia’s three feeble stock exchanges merge into a unified bourse. The question is, will the change restore equity investment in the country, even if sovereign risk improves?
Business & Banking
ING Moves into Mexico’s Insurance MarketING Group, the Netherlands-based financial services company, agreed to buy a 45.2% stake in Seguros Comercial América from Savia, the troubled Mexican conglomerate. The $791 […]
Bolivian Issue Makes its Mark
The largest and longest-dated bond issued in the Bolivian market could open the door for more private sector projects looking to find financing in the local markets.
Pemex Repositions its Risk
A recent bond issue by the Mexican national oil company proves that it is parting ways with other emerging debt markets issuers, a trend that investors support.
Creating a Consistent Image
Peru has endured erratic economic policies and political corruption at the highest levels. President Alejandro Toledo now must convince investors that the country will pursue a disciplined recovery.
