Economy

• Friday, December 19th 2025 - 08:47 UTC

  Paraguay's guaraní is most stable currency in the region, Bloomberg finds

  

  Paraguay's guaraní (PY₲) has been highlighted as the most stable and highest-performing currency in Latin America for 2025. In a report published this week by the specialized outlet Bloomberg Línea, the Paraguayan currency has appreciated over 17% against the US dollar this year, outperforming Mexican and Colombian pesos.

• Thursday, December 18th 2025 - 10:55 UTC

  Lula issues ultimatum as Meloni and Macron stall EU-Mercosur FTA

  

  Brazilian President Luiz Inácio Lula da Silva issued a sharp ultimatum to European leaders on Wednesday, declaring that if the long-awaited EU-Mercosur Free Trade Agreement (FTA) is not signed this Saturday, he will abandon negotiations for the remainder of his presidency.

• Thursday, December 18th 2025 - 08:11 UTC

  Bolivian President ends fuel subsidies, raises minimum wage

  

  Bolivian President Rodrigo Paz Pereira has announced a drastic economic overhaul, declaring a state of “economic, financial, energetic, and social emergency,” which includes ending fuel subsidies that have been in place for over 20 years and implementing a significant increase in the minimum wage to offset the resulting inflation.

• Wednesday, December 17th 2025 - 14:04 UTC

  Chile's Central Bank cuts interest rate to 4.5%

  

  Chile's Central Bank Council voted unanimously on Tuesday to lower the Monetary Policy Rate (TPM) to 4.5% in response to a faster-than-anticipated decline in inflation and a stabilizing global economic outlook after holding rates at 4.75% during its previous session.

• Wednesday, December 17th 2025 - 07:22 UTC

  Díaz-Granados reelected for second term at helm of CAF

  

  Colombian lawyer Sergio Díaz-Granados was re-elected on Tuesday as the Development Bank of Latin America and the Caribbean's (CAF) Executive President for a second, consecutive five-year term after getting the nod from the entity's Board of Directors.

• Tuesday, December 16th 2025 - 09:59 UTC

  Argentina's Central Bank to loosen up leash on US dollar

  

  Argentina's Central Bank (BCRA) announced Monday a twitch to its foreign exchange policy, which was welcomed by the International Monetary Fund (IMF). The new strategy seeks to further boost reserves and will become effective in January 2026.

• Saturday, December 13th 2025 - 08:50 UTC

  Paraguay's economy projected to grow this year above expectations

  

  Paraguay's Central Bank (BCP) significantly revised its economic forecast this week, estimating that the country's Gross Domestic Product (GDP) will expand by 6% by the end of 2025, a sharp increase from the initial 3.8% projection.

• Thursday, December 11th 2025 - 22:22 UTC

  Argentina's inflation reaches 2.5% in November

  

  Argentina's Consumer Price Index (CPI) accelerated in November, reaching 2.5% for the month, according to data released on Thursday by the National Institute of Statistics and Censuses (Indec).

• Thursday, December 11th 2025 - 10:28 UTC

  Argentina issues first dollar-denominated bonds in years

  

  The Argentine Government of President Javier Milei returned to foreign debt markets, raising US$1 billion to cover impending maturities, it was reported Thursday in Buenos Aires. The Economy Ministry auctioned the new BONAR 2029N bond.

• Thursday, December 11th 2025 - 10:00 UTC

  Brazil: Selic rate kept at 15% for the fourth consecutive time

  

  The Monetary Policy Committee (Copom) of Brazil's Central Bank (BCB) unanimously decided on Wednesday to keep the economy's base interest rate known as Selic at 15% per annum, in accordiance with market expectations, given the current declining inflation and economic slowdown.