Economic & Market Analysis in Brief
Appreciation poses a medium-term risk for the region. 11:25 AM Sept 3
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Currency appreciation will not hinder growth in the short term but still pose a medium term risk.
The Argentine central bank increased debt issuance to absorb excess liquidity.
Mercosur will establish a single customs code; however, loopholes could nullify gains.
Despite better than average debt indicators, markets still rate Venezuela as the world's riskiest sovereign borrower.
The Mexican economy grew by a stronger than expected 8.8% y/y in May. Both industry and services grew at a good pace.
Economic & Market Analysis in Depth
Dismal (LatAm) Staff Countries are taking divergent inflation paths. Andres Carbacho-Burgos Emerging economies cannot pull the world back to healthy growth all by themselves. Dismal (LatAm) Staff The expansion moderates to more consistent rates. Juan Pablo Fuentes Growth might surprise on the high side during the second half of the year.
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