Colombian Peso Posts Weekly Decline Before April 15 Stimulus

Colombia’s peso posted the biggest weekly drop in Latin America as the government prepares a stimulus plan that Finance Minister Mauricio Cardenas has said includes measures to weaken the currency.

IMF says Latin America can handle Japan funds inflow

MEXICO CITY (Reuters) - Aggressive monetary easing in Japan will probably not swamp Latin America with excess capital, but much depends on when the U.S. Federal Reserve eases back from its stimulus measures, a senior International Monetary Fund official said.

Mexico’s Peso Rises as Senate Poised to Vote on Telecom Reforms

Mexico’s peso rose to a 20-month high amid speculation lawmakers are moving closer to approving a bill to boost competition in the telecommunications industry, fueling optimism for legal reforms that could bolster growth.

Brazil Industrial Capacity Use Falls In February to 82.6%

BRASILIA--Brazil's use of installed industrial capacity fell in February as industrial activity failed to maintain the acceleration seen in the previous month, the country's National Confederation of Industries, or CNI, reported Tuesday.

Italy's Enel Excludes Latin America from Asset-Sales Plan

Enel SpA (ENEL.MI), Europe's most highly indebted energy utility, is betting on Latin America to help raise its revenues, and far from planning asset sales in the region, it is looking to increase its presence there, said Chief Executive Fulvio Conti.

Brazil Swap Rates Drop to One-Month Low on GDP View; Real Rises

Brazil’s swap rates fell to a one- month low as economists lowered their forecasts for growth and inflation, spurring speculation that the central bank will refrain from increasing borrowing costs next week.

Colombian Economic Engine Continues To Move Forward

Colombia, at one point in time, was more known for drug trafficking rather than its economic prowess, but that reputation is slowly changing as the nation continues to post strong economic growth numbers.