According to a study by the Fundação Getúlio Vargas (FGV) released Thursday, businesses in Latin America are up to their best level in two years after hitting unusual lows from the third quarter of 2022 through the second quarter of 2023.
The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.