May 27, 2025 · In a year in which political uncertainty and macroeconomic risks have dominated the rhetoric, Latin American currencies have experienced an astonishing average increase of 5.8%. This …

Jan 24, 2025 · Down by over 20%, the Brazilian real received the ignominious title of worst-performing major currency in 2024. The selloff has eased somewhat recently, but the country's fiscal woes still …

Jan 19, 2024 · We revised our inflation forecast for 2024 up to 200%, from 150% before (with a likely peak in the first half of 2024), reflecting the pass-through effect of the recent devaluation of the …

Mar 5, 2025 · “The main attraction of full dollarization is the elimination of the risk of a sudden, sharp devaluation of the country’s exchange rate,” the IMF writers point out.

Latin American countries, in particular, have faced sovereign rating downgrades in the past decade. These downgrades are associated with greater FX volatility, higher costs of financing and even with …

Mar 3, 2025 · Fitch Ratings-New York/London-03 March 2025: Latin American sovereigns face rising external uncertainties in 2025 with limited scope to respond with fiscal and monetary stimulus, Fitch …

Jul 27, 2023 · The appreciation of Latin American currencies against the US dollar has led to a significant increase in prices and domestic costs measured in US dollars and to a loss of …

Jul 27, 2025 · Latin America's currency volatility in 2025 is a microcosm of global trade fragmentation. While U.S. tariffs have introduced uncertainty, they have also created asymmetric opportunities for …

May 23, 2025 · The Argentine government recently allowed the devaluation of its currency and announced it would cut subsidies on gas, electricity and water. On the one hand, devaluation helps …

Jul 22, 2022 · However, the crisis due to the war in Ukraine and the increase in the price of the dollar mean that the debt now rises automatically, and the risk of default (non-payment of loans) seems to …