Brazil, Colombia Are Citi’s Picks Among LatAm Currency

The potential for any delay in interest rate increases in the U.S. has been good news for emerging markets, and this could help Latin American currencies extend recent gains, write Citigroup’s Kenneth Lam and Dirk Willer.

Argentine holdouts say would discuss debt extension in good faith

(Reuters) - Holdout investors in Argentine sovereign debt said on Tuesday they would discuss an accommodation to let the government pay other bondholders facing a potential default if negotiations to settle the legal dispute have made good progress before July 30.

Brazil and Argentina ink deal to bolster dwindling trade

(Reuters) - Brazil and Argentina signed a deal on Friday that seeks to guarantee importers will have enough U.S. dollars to pay for exports, a move to increase trade between both nations that has been hit hard by a sharp depreciation of the Argentinean peso.

Mexico’s Peso Gains on Draghi Low Rates Pledge; Bond Yields Fall

Mexico’s peso rose as a pledge from European Central Bank President Mario Draghi to keep rates low eased concern that near-zero borrowing costs in developed nations were set to increase.

Mexico Peso Drops as Slower U.S. Job Growth Damps Export Outlook

Mexico’s peso tumbled as U.S. employers hired fewer workers than forecast in March, hurting prospects for the Latin American nation’s top export market.

Argentina Central Bank Wants Public to Save in Pesos, Abandon Dollar

BUENOS AIRES--The president of Argentina's central bank has affirmed the government's policy of eliminating the U.S. dollar as a transaction and savings medium in the South American economy.

Argentina to Send 2013 Budget to Congress

BUENOS AIRES--Argentine President Cristina Kirchner will submit her government's 2013 budget bill to the lower house of Congress on Friday, state news agency Telam said.

Brazilian stocks, currency fall after rate cut

LOS ANGELES (MarketWatch) — Brazilian stocks fell Thursday, with an interest-rate cut by the central bank to a new historic low underscoring concerns about the pace of slowing in Latin America’s largest economy.

Europe’s Mistakes a Lesson for Latin America, Chile Says

Latin America must avoid the costly welfare policies plunging Europe into crisis and should adhere to a market-friendly course to preserve gains made over the past decade’s economic boom, Chilean President Sebastian Pinera said.

Argentina's Deputy Economy Minister Denies Government Will Abolish Dollar Use

BUENOS AIRES – Argentina's Deputy Economy Minister Axel Kicillof on Friday lashed out at a report that his economic team is drafting legislation to abolish the use of foreign currencies in the economy as double-digit inflation spurs Argentines to seek the perceived safety of the U.S. dollar.

Latin currencies strong, but there’s a downside

SAN FRANCISCO (MarketWatch) — Latin American currencies are on fire across the region. The Colombian peso, the Mexican peso and the Brazilian real are some of the strongest global currencies against the U.S. dollar this year.

LatAm currencies mixed before Bernanke speech

Aug 25 (Reuters) - Latin American currencies traded mixed against the U.S. dollar on Thursday, with the Mexican peso gaining and Brazil's real weakening, on the day before a planned address by the head of the U.S. central bank.

Ben Bernanke, chairman of the U.S. Federal Reserve, is scheduled to give an address to the Jackson Hole Economic Symposium on Friday at an annual gathering of world economists and central bankers in the Rocky Mountains.