Latin America & Caribbean
IMF approves $1bn disbursement to Argentina
Board releases funds following agreement in April
Chile holds policy, pointing to rising risks from Iran war
BCCh says rate path will be considered meeting by meeting, given ‘greater than usual’ uncertainty
Argentina reaches IMF deal unlocking $1bn
Fund says government policies will help country access capital markets on more favourable terms
BCU’s comms strategy helped tame inflation, says Tolosa
Uruguayan governor says expectations are anchored for first time in 20 years
Peru holds rates as inflation breaches target range
BCRP says impact of supply shocks, both domestic and international, will ‘gradually dissipate’
Colombia’s rate hike prompts government backlash
Finance minister Germán Ávila exits Banrep board in protest at 100 basis point tightening
Mexico surprises markets with rate cut in split decision
Central bank faces headwinds from weak growth and oil shock
Chile holds rates amid upcoming surge in fuel prices
Measure by new government will allow fuel prices to jump on March 26
Paraguay signals neutral stance with pause in easing cycle
Central bank expects inflation to rise to 3.5% target by end of year
Currency manager: Central Bank of Curaçao and Sint Maarten
The central bank overcame a nine-year hiatus to launch the Caribbean guilder
Peru’s central bank holds rates as inflation picks up
BCRP says bad weather, domestic gas shock and fallout from Middle East conflict will push up prices
Partner initiative: Amundi-Flar
LatAm central banks recognised the value of an ESG-aligned corporate bond ETF developed by Amundi and Flar
Suspended BCB officials named in Banco Master probe
Former member of rate-setting committee allegedly provided advice to owner of collapsed lender
Uruguay’s central bank cuts rates to tackle low inflation
BCU says disinflation is biggest risk, notwithstanding potential inflationary effect of Iran war
Bolivian authorities burn cash following plane crash
Central bank revokes legal tender of notes transported via military cargo plane that crashed in El Alto
Banxico minutes signal potential resumption of rate-cutting cycle
One-off hit of tax rises and tariffs could see rates cut in March
Brazil’s central bank shuts down lender connected to Banco Master
BCB says bank had “compromised economic and financial situation”
Brazil’s Pix gaining prominence in B2B transactions – report
Small businesses increasingly using platform for procurement, study from fintech company finds
Colombia shocks markets with 100bp rates hike
First tightening in nearly three years comes after government announces 23% rise in minimum wage
BCRA resumes publishing quarterly monetary policy report
Argentinian central bank continues comms reforms with 71-page analysis of economic development
Brazil holds rates again but signals easing at next meeting
BCB may cut by half point in March as forward guidance is ‘explicitly dovish’, analyst says