MEXICO CITY (Reuters) – The Bank of Mexico is expected to hold the country’s benchmark interest rate on Thursday, halting a cycle of rate hikes that began in June 2021, a Reuters poll of a[...]
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Mexican president backs U.S. dollar as globe’s ‘principal currency’
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence on Monday after he was asked if a weakening greenback might spur a move to diversi[...]
Read moreChile peso to hold stable as economic and political worries fade: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and political worries continue to fade, validating the central bank’s decision to un[...]
Read moreBank of Mexico likely to consider holding key interest rate steady
MEXICO CITY (Reuters) – The Bank of Mexico’s governing board may consider keeping its benchmark interest rate steady at its next monetary policy meeting, in what would be its first rate ho[...]
Read moreWorld Bank: Global migration to grow, needs better management
By David Lawder WASHINGTON (Reuters) – Rapid aging of both wealthy and middle-income countries will make their economies increasingly dependent on migration from poorer countries, and the proces[...]
Read moreMexico inflation cools to lowest since Oct 2021, fueling rate cut hopes
MEXICO CITY (Reuters) -Mexican inflation slowed in the first half of April and reached its lowest level in a year and a half, the national statistics agency said on Monday, fueling expectations the ce[...]
Read moreArgentina’s economy teeters on the edge of deeper crisis as market anxiety grows- Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the run up to October’s presidential vote as growing market anxiety adds t[...]
Read moreSalvadoran spreads tighten on IMF deal bets, bonds remain distressed
NEW YORK (Reuters) – Salvadoran bond spreads narrowed on Wednesday to their tightest since December 2021 in a rally triggered by hopes a key new adviser to the finance ministry would be able to[...]
Read moreAfter growing GM corn for decades, some US farmers open to Mexican restrictions
By Tom Polansek CHICAGO (Reuters) – Mexico has found unexpected allies as it tries to limit imports of genetically modified (GM) corn: some U.S. farmers who grow the crops. Farmers have for deca[...]
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