Latin American currencies rose for a
fifth straight session on Thursday, boosted by gains in the
Peruvian sol while Chile's peso edged higher ahead of an
interest rate decision by the ...
Brazil's Treasury secretary Rogerio Ceron said on Thursday that the government intends to issue green bonds in 2023, but timing and characteristics are still to be defined throughout the year. Speaking at a press conference, he said the bonds would need to be linked to green projects, mentioning sustainable agriculture and energy transition as examples.
Brazil's outstanding public debt is expected to increase this year to a range between 6.4 trillion reais and 6.8 trillion reais, from last year's 5.951 trillion reais, the Treasury said on Thursday.
Latin American currencies snapped
their four-day winning streak on Thursday against a firm dollar,
but the Peruvian sol rallied against the greenback limiting
losses on the broader index.
The ...
Foreign direct investment in Brazil almost doubled in 2022 from the year before to its highest level in 10 years, central bank data showed on Thursday, boosted by an economy that surprised on the upside. Foreign direct investment was $90.6 billion last year, from $46.4 billion in 2021, the best annual figure since 2012's $92.6 billion.
Brazil posted a current account deficit of $10.878 billion in December, the central bank said on Thursday, contributing to an overall deficit of $55.668 billion last year. The monthly deficit was larger than the $6.45 billion deficit forecast in a Reuters poll of economists.
From this year, Chile has had a new law to regulate and promote the Fintech industry. The guide has been prepared by the South American country's Foreign Investment Promotion Agency.
Decoupling from the U.S. Federal Reserve's monetary policy should be one matter for discussion for the Bank of Mexico's governing board at its upcoming monetary policy meeting, new Deputy Governor Omar Mejia said in a Bloomberg Linea story published on Wednesday. "We're going to be reviewing the data.
Mexican same-store retail sales rose by 10.6% across 2022 compared to the previous year, as the highest inflation in over two decades sent prices soaring, Mexican retailers' association ANTAD said Wednesday, with sales expected to moderate in 2023. In 2022, sales at the retail group's member stores totaled 1.43 trillion Mexican pesos.
Latin American stocks and currencies
rose for the fourth straight session on Wednesday, with the
Brazilian real at an about one-week high even as concerns about
a slowdown in the country's ...
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