In a noteworthy trend, Argentina’s parallel dollar, or “blue dollar,” has been on a decline, with its rate hitting 1,000 pesos per US dollar at major exchange outlets as of Thursday. This dip of five pesos mirrors a reduction from the day before, cumulating in a 10 peso (1%) fall over the week. Since the […]
Related Posts

Expected decline in inflation and monetary policy interest rate in Chile
Chile’s financial market participants estimate that the nation’s inflation will reduce to 3.2% within a year, a significant decrease from the present 7.6%, as per the Central Bank of Chile. This forecast was part of a Financial Operators’ Survey conducted recently by the Bank, indicating a further decline in inflation to 3% over the subsequent […]
Moody’s blueprint: how Latin America’s central banks can avoid the pitfalls of inflation
Moody’s Analytics recommends that Central Banks in Latin America gradually ease their monetary policies as inflation rates in the region are trending toward official targets. In a recent report, the firm emphasized the importance of maintaining an appealing rate differential for an extended period to ensure a consistent inflation convergence. The goal is to avoid […]
EU Aims for 2023 Mercosur, Mexico Trade Deals
EU Commission President Ursula von der Leyen wants to finish trade talks with Mercosur and Mexico this year. She made this clear in her State of the Union speech. “Smart trade creates good jobs and wealth,” she said. Earlier this year, the EU and Mercosur resumed their trade talks. They had reached a first-stage agreement […]