Latin America
IMF paper praises Chilean central bank’s forward guidance
Central bank’s monetary policy predictability and efficacy was “quite high”
Central Bank of Venezuela gets another new president
Ramón Lobo becomes latest victim of institution’s revolving door
Argentina launches new measures to stem peso depreciation
Analysts concerned new central bank tools to control peso are not enough
Trigger for emerging market sell-off still playing out, warns Argentine governor
There is a possibility of Argentina being “challenged further”, says Sturzenegger
Time for Central Bank of Argentina independence
Monetary financing has fallen sharply, but must now end
Latin American central banks should improve communication strategies – IMF
Blog post suggests longer, more detailed, policy communication is not always better
Belize must act to escape cycle of defaults – IMF staff
Country has completed third debt restructuring in a decade
Brazil’s central bank launches fintech laboratory
Central bank partners with big tech firms to help modernise how financial services are delivered
IMF recommends improved central bank communication in Latin America
Clearer policies and increased transparency could help to deal with future shocks
Argentina’s central bank makes further emergency rate hike as currency falls
Bank makes second emergency rate hike in less than 24 hours
Bank of Mexico to be more transparent on monetary policy
Central bank will publish meeting transcript with a three-year lag
No funds taken in cyber breach, Bank of Mexico says
Central bank reveals three participants of interbank payment network experienced “incidents” within internal systems
Venezuelan public invited to invest in national crypto asset
President Maduro announces public will be able to invest in ‘petro’ as well as gold
Argentina’s governor reflects on reserve management rebuild
After liberalising the exchange rate in 2016, the country adopted new asset-allocation strategies
Lower inflation in LatAm threatened by debt, says World Bank’s Vegh
Public debt for Latin American region tops 50% of GDP
Central bank data shows Venezuela is in ‘stealth default’
Debt repayments have rapidly decreased since October 2017, data shows
IMF urges Costa Rica to shore up financial stability defences
Fund calls for increased transparency from financial stability committee
People: Brazil central bank set for female deputy
Brazil central bank reshuffle; ECB’s Euribor expert prepares for EMMI move; and more
Latin American markets were hit by 2010 US ‘flash crash’, DNB paper finds
Fall was driven by equities markets’ interdependence, not contagion, researcher argues
Venezuela pays off $2.1 million debt to Chile
Country belatedly honours debt, after missing payment in 2017
Venezuela’s new forex auction sees bolivar plummet
Latest auction sees currency devaluate by 99% from heavily subsidised exchange rate
Colombia signals end to easing cycle
Despite stronger than expected inflation, board cuts interest rates by 25bp to 4.5%
Economics in central banking: Alberto Cavallo and Roberto Rigobon – Billion Prices Project/PriceStats
Through vast and ongoing data-collecting exercise, PriceStats has helped central banks overcome many drawbacks in traditional inflation series
People: PBoC deputy appointed vice-mayor of Beijing
First woman nominated deputy governor at the Bank of Mexico; and more