Colombia’s Peso Weakens to Record Low as Crude Oil Prices Tumble

Colombia’s peso dropped to a record low as prices tumbled for oil, the country’s biggest export, and after a central bank official said the currency selloff is justified.

Mexico Meets its Elusive Inflation Target

After more than two decades trying, Mexico can finally declare victory over inflation. Annual inflation in Mexico eased to 2.76% in early July, its lowest level since 1970, when consumer prices began to be measured nationally.

Brazil Analysts Boost 2016 Benchmark Rate Call for Second Week

Brazil analysts raised their 2016 forecast for the benchmark Selic rate as the central bank vows to slow inflation to target by the end of next year.

Brazil’s economy falters, but worse may be to come

The signs that Brazil’s economy is in trouble have been visible for a while now, but the worst could be still to come.

Bolivar Plunges in Black Market as Venezuelans Stash Dollars

Venezuela’s largest bill of 100 bolivars is now worth less than a U.S. quarter to money-changers after a plunge in the currency’s black-market value.

Colombia Holds Key Rate at 4.5% as Inflation Surge Continues

Colombia kept borrowing costs unchanged for a ninth straight month after the central bank trimmed its growth forecast and inflation accelerated to the fastest pace since 2009.

Brazil’s Deeper Contraction Sinks Lenders as Petrobras Advances

Brazil’s disappointing jobs report added to speculation Latin America’s largest economy is heading to its deepest recession since 1990, sinking bank stocks.

Venezuela's Hyperinflation Is Working Out Very Well for Mastercard

Venezuela’s economic collapse is driving factories out of business, leaving store shelves barren and wiping out workers’ purchasing power.

Inflation in Brazil eases, but central bank efforts not enough -official

SAO PAULO, May 15 (Reuters) - Brazilian central bank director Luiz Awazu Pereira said on Friday that the outlook for inflation to converge to the center of the official target in 2016 has strengthened.

Chile and Peru Keep Rates at Their Lowest Level in Four Years

Chile and Peru kept borrowing costs unchanged as high inflation and currency pressure prevent their policy makers from doing more to support growth.

Brazil Real Leads Gains as Fed Outlook Overshadows Levy Setback

Brazil’s real led global currency gains as speculation the Federal Reserve will keep interest rates low overshadowed a setback in Finance Minister Joaquim Levy’s efforts to cut spending.

Is Argentina's economy pulling a tango turnaround?

Its economy is projected to show little or negative growth this year. Argentina is still indebted to American hedge funds, affectionately known as "vultures" in the country. And it remains the poster child of nations that default on their loans.

Brazil Central Bank Not Done Hiking Rates

Brazil’s interest rates are going higher and here’s why: 8.13% inflation. The April meeting minutes from the Central Bank of Brazil’s monetary policy committee’s recent 50 bps hike came out on Thursday and it is more hawkish than the market hoped.

Brazil readies a steep interest rate rise to salvage credibility

BRASILIA, April 29 (Reuters) - Brazil is poised to deliver another big interest rate increase on Wednesday as the government tries to convince investors it is committed to taming high inflation, despite the risk of recession.

Colombia Holds Benchmark Rate at 4.5% Amid Inflation Surge

Colombia’s central bank kept borrowing costs unchanged for an eighth straight month as consumer prices rise at the fastest pace in six years while the nation’s growth prospects dim.

Mexico Prices Fall More Than Forecast as Electricity Tumbles

Mexico consumer prices fell more than expected in the first half of April, as the government phased in electricity discounts and a weak economic recovery limited inflationary pressures.

Peru economy grew 0.94 pct in February - government

LIMA, April 15 (Reuters) - Peru's economy expanded narrowly in February, growing 0.94 percent from the same month a year ago, missing market expectations as construction and mining activity dropped, the government said on Wednesday.

Mexico cenbank eyes weak growth, rates likely on hold-minutes

MEXICO CITY, April 9 (Reuters) - Most of Mexico's central bankers are eyeing slack in the economy that could keep them from quickly raising interest rates and only one policymaker is calling to raise borrowing costs ahead of the United States.

Brazil scrapes out of recession on government spending

BRASILIA (Reuters) - Brazil's economy crawled out of a recession in the third quarter as public spending rose before presidential elections, suggesting growth could be short-lived as the government plans to tighten its budget.

Chile Unemployment Falls as Government Forecasts Recovery

Chilean unemployment unexpectedly fell in the three months through October, the first month of a quarter that Finance Minister Alberto Arenas forecasts will see a “small and moderate reactivation” in the economy.