Economy

According to Argentina's Economy Ministry, the government sent a letter to the Paris Club, stating its desire to start formal talks before the end of 2006 with regards to the prepayment... 2006-12-01

The Bonar VII was first launched at the beginning of September 2006 with a yield of 8.46%, which, thanks to high demand, has fallen by almost 40 bps to 8.07% at the end of November.... 2006-11-30

According to the Banco Central de Paraguay (BCP)'s monthly economic activity indicator (IMAEP), the economy grew by 6.0% y-o-y during the first eight months of 2006 (up from 2.9%... 2006-11-29

We have revised our real GDP growth forecasts for 2006 and 2007 downwards as a result of the lacklustre economic activity registered in Q306. We also expect real GDP growth to moderate... 2006-11-29

The Argentine peso has experienced a slight appreciation since the beginning of October, rising by 1.1% from ARS3.1051/US$ to ARS3.0723/US$ on November 24. The currency has recently... 2006-11-27

According to Argentina's Economy Ministry, the government sent a letter to the Paris Club last Friday, stating its desire to start formal talks before the end of 2006 with regards... 2006-11-20

The Chilean peso has performed well, appreciating by 4.7% since the May-June sell off. That said, we expect the peso to reverse its trend slightly from CLP523.78/US$ recorded in early... 2006-11-07

The fact that CPI came in within the government's inflation target band of 8-11% was mainly a result of the on-going price controls, which President Nestor Kirchner's administration... 2006-11-06

The accumulated trade deficit for the first nine months of 2006 came in at US$1.93bn, growing by 160.3% y-o-y (up from 45.9% y-o-y for the same time period in 2005). The country has... 2006-11-06

The merchandise trade surplus amounted to US$895mn in September, decreasing by 8.8% y-o-y (down from a 1.1% y-o-y increase in 2005). Although the surplus declined on an annual basis,... 2006-11-06