While global currency volatility declines, the Chilean peso remains an outlier in Latin America, defying the region’s trend toward stability. Investor concerns about potential constitutional changes in 2021 and 2022 have kept the peso’s volatility unusually high. The central bank’s aggressive interest rate cuts, amounting to 4 percentage points within eight months, have fueled this […]
Related Posts
Canadian Startup Bets on Legal Cocaine Market
Safe Supply Streaming, a new startup, recently joined the Canadian Stock Exchange, banking on the future legalization of cocaine. CEO Bill Panagiotakopoulos plans to invest in related businesses. These include fentanyl test makers, addiction clinics, and coca-infused energy drinks. Last Wednesday, the startup’s value stood at about CAD 11.9 million. Moreover, the firm predicts a […]
Mexico Records Remarkable Trade Surplus in March
In March, Mexico showcased a notable turnaround in its economic performance, registering a significant trade surplus of $2.098 billion. This marked a dramatic shift from the $585 million deficit seen in February, highlighting the resilience of the Mexican economy. The increase was largely fueled by a robust $3.248 billion surplus in non-oil products, despite a […]