Economy

The Paraguayan guarani continues to strengthen aggressively, trading at PYG4020.00/US$ at the time of writing from PYG4475.00/US$ at the beginning of 2011.

BMI view: In line with our 2011 forecast the Banco Central del Uruguay(BCU) has front loaded its rate hiking cycle, raising the policy rate by 100 basis points (bps) to 7.50%. With... 2011-03-31

BMI View: Recently released Q410 real GDP data reinforces our long-held view that the momentum behind Uruguay's economic recovery remains strong. Driven by surging private consumption... 2011-03-29

BMI View: According to data from the national statistics institute INDEC, Argentine consumer price inflation fell for the fourth successive month in February, dropping to 10.0% y-o-y... 2011-03-28

Although we do not believe a balance of payments crisis is looming in Chile by any means, there are an increasing number of headwinds which could destabilise the accounts over the medium... 2011-03-25

With many regional consumer stocks looking very expensive after strong rallies in 2009 and 2010, we turn our attention to the other sectors set to benefit from the rising wealth of... 2011-03-24

BMI View: Argentina is set for another year of strong growth in 2011, and we are revising up our real GDP growth forecast to 6.0% y-o-y from 4.6% previously, led by a positive outlook... 2011-03-22

Chile's fiscal situation will remain very healthy as the withdrawal of stimulus spending is complemented by increasing revenues on the back of higher tax receipts and robust copper... 2011-03-09

BMI View: Uruguay's external accounts remain volatile, on the back of shifting regional macroeconomic dynamics. While we expect the current account to rebound modestly to post a... 2011-03-08

BMI View: Uruguay's external accounts remain volatile, on the back of shifting regional macroeconomic dynamics. While we expect the current account to rebound modestly to post a... 2011-03-08