Latin American currencies fell
against a firm dollar on Wednesday, with the Brazilian real
spearheading the decline on mounting bets of rate cuts, while
Chile's peso fell due to a drop in copper ...
Argentina's central bank purchased $451 million of foreign currency on Wednesday to bolster its dwindling hard currency reserves, after daily sales from farm exports topped $1 billion, providing some relief for the country's hard-hit finances. The currency move on Wednesday marks the biggest such purchase since late December.
Brazil's formal job creation fell short of expectations in April, with a net of 180,005 positions, according to figures released by the Labor Ministry on Wednesday. Economists polled by Reuters were expecting that 204,800 jobs would be created in the month.
Brazil created a net 180,005 formal jobs in April, Labor Ministry figures showed on Wednesday. Economists polled by Reuters were expecting 204,800 jobs would be created in the month.
Latin American currencies were pulled
down on Wednesday by a drop in the Brazilian real on mounting
bets of rate cuts from the country's central bank, while Chile's
peso also fell after the ...
Brazil's government debt as a share of gross domestic product grew to 73.2% in April from 73.0% in the previous month, central bank data showed on Wednesday. The Brazilian public sector posted a primary surplus of 20.324 billion reais for the month, more than the 16.55 billion reais expected by economists polled by Reuters.
Latin American currencies were mixed
on Tuesday against a weak dollar, with the Brazilian real
sliding to a five-week low as further evidence of slowing
inflation exerted more pressure on the central ...
Brazil's central government primary budget surplus dropped by 48.3% in April in real terms from the same period last year, Treasury figures showed on Tuesday, on the back of increased spending. The central government, including the Treasury, central bank, and social security, recorded a primary surplus of 15.604 billion reais in the month.
Latin American currencies were mixed
on Tuesday, with the Brazilian real slumping after further
evidence of slowing inflation, while Turkey's lira hit a record
low as the market focused on ...
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