Colombian peso drops to new record low against the dollar
The dollar is currently trading at 4.643 Colombian pesos (COP), above its all-time high of 4.627, reached in mid-July this...
October 6, 2022Topic
inflation
JPMorgan sees inflation in Argentina at 112% by 2023
Diego Pereira, JPMorgan's (JPM) chief economist for the Southern Cone, said Argentina had made progress in three critical areas since...
October 4, 2022
Germany seriously threatened by deindustrialization and the decimation of the middle class
Germany will likely go down in history as a negative lesson in what happens to any country, even one as...
October 2, 2022
Air fares in Brazil increased by 36.4% from January to July
Air ticket prices on domestic flights increased cumulatively by 36.4% from January to July 2022, reaching an average price of...
October 1, 2022
Sanctions against Russia and the European energy crisis have an impact on Chile
The economic consequences of sanctions against Russia and the energy crisis in Europe are being felt worldwide, and Chile is...
October 1, 2022
Brazil’s central bank revises inflation forecast for this year downward to 5.8%
Brazil's central bank has lowered its official inflation forecast for 2022 to 5.8 percent, down from 8.8 percent in June.
September 30, 2022
Paraguay’s central bank raises key interest rate to 11-year high
Paraguay's central bank raised its key interest rate to 8.50%, its highest level in 11 years. The decision surprised analysts...
September 23, 2022
Brazil’s central bank keeps interest rate at 13.75%
On Wednesday, the Monetary Policy Committee (Copom) of Brazil's Central Bank decided to keep Selic's key interest rate at 13.75...
September 22, 2022
Why inflation in Uruguay was above expectations for the third month in a row
August was the third consecutive month in which inflation in Uruguay was above analysts' and market participants' expectations. Why was...
September 20, 2022