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LatAm’s Weekly Business Highlights: March 18-22
This week, Brazil and Colombia’s central banks and Mexico’s are meeting to discuss rates, with experts suggesting possible rate cuts in Brazil and Colombia based on economic signals. Brazil’s cenral bank might reduce rates by 50 basis points, citing a need for caution. Colombia could follow with a similar cut to 12.25%, keeping options open […]
Dollar Weakens Late in Trading Session, Closes Slightly Lower at R$ 5.69
The dollar’s value fluctuated throughout the trading day, influenced by various global and domestic factors. Initially, the U.S. currency surpassed R$ 5.70 ($1.02) as investors considered the possibility of Donald Trump winning the U.S. elections. However, the dollar lost strength towards the end of the session. New economic stimuli announced in China and a recovery […]
2024 Paulista Championship Sets Stage for Quarterfinals
On March 10, the Paulista Championship, Brazil’s most competitive state league, finalized its quarterfinal lineup. Eight teams are now in the running to claim the prestigious title of São Paulo’s champion, with the action starting next weekend. In a crucial single-elimination round, the group leaders will clash with the runners-up for a spot in the […]