Latin America
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
Suriname's president replaces fired governor
Robert van Trikt vows to not bow to political pressure and finance public spending, and says focus for next year will be on AML controls and payment maturation
The IFF China Report 2019: New globalisation – The path to the future
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
People: Mexico appoints two new deputy governors
Federal Reserve appoints new research director and IADB makes Chilean official chief economist
Latin America has 66% more fintech startups than in 2017 – IDB
IDB report also reveals the region has a higher proportion of female founders than global average
EME central banks can counter the next downturn
Philip Turner urges central banks to consider a broad range of actions to tackle volatility stemming from currency mismatches
People: US Senate confirms new Fed board member
Bank of Mexico deputy will leave central bank by the end of November; new Fed governor approved by Senate; and more
Bahamas central bank draws up crypto asset regulations
Strict new guidelines will be applied to banks for customers wishing to trade and hold new instrument
Bank of Mexico opens second banknote printing plant
Existing facility has reached capacity and cannot keep up with banknote demand, says governor
Policy communication main challenge for South American central banks
In regional meeting, delegates discuss importance of payments innovation and security
Not raising rates could hurt credibility – Mexican board member
Bank of Mexico publishes committee votes in attempt to improve transparency
Venezuela says it will drop US dollar for euros
Maduro government’s plan cannot succeed, expert says
Regional financing bodies agree to deepen co-operation
All three major regional financing funds now linked by MoUs
Paraguay central bank bids farewell to Valdovinos as Sienra takes helm
Administration change prompts Valdovinos’s exit from the central bank after five years of service
Crypto asset trading requires new licence, says Bank of Mexico
Mexican regulator clamps down on crypto asset activities with new legislation
Juan José Echavarría on Colombia’s path to sounder monetary and economic policy
The governor of the Central Bank of Colombia talks about policy efforts to promote stability, the importance of independent institutions and the implications of Venezuela’s economic collapse
Venezuelan central bank launches app to aid currency reconversion
App allows members of the public to covert prices into the new “bolivar soberano”
Reserve requirements an effective tool to balance capital flows – BIS research
Higher interest rates encourage more inflows, but adjustments in reserve requirements can strike a better balance
Venezuela carries out massive devaluation with 'new bolivar'
Maduro pegs “new bolivar” to oil-backed cryptocurrency and unveils minimum wage hike
People: Bank of Spain governor nominates new deputy
Governor nominates first female candidate to deputy role; central banks in Colombia and Seychelles get new board members; IMF appoints new legal head
Mexico needs labour market reform - IADB vice-president
Growth rates have been among slowest in Latin America despite reform efforts, Levy says
Chile’s central bank fears effects of possible trade war
Central bank keeps interest rates steady as trade worries hurt price of copper
Central bank financing spells trouble for Guyana – IMF
Fund warns central bank financing of government could create problems for monetary policy and calls for better debt management infrastructure
Brazilian government must respect central bank independence – IMF
IMF directors warn against excessive exchange rate interventions