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MercoPress, en Español

Montevideo, March 6th 2025 - 17:15 UTC

Tag: Trade War impact

  • Monday, February 3rd 2025 - 08:44 UTC

    Paraguay's BCP outlines scenario under Trump's policies

    Trump's measures target “those countries with which the US maintains high trade deficits such as Mexico and China,” the BCP stressed

    Paraguay's Central Bank (BCP) has picked up the glove from US President Donald Trump's barrage of protectionist economic measures and spoke of higher financing costs among the possible consequences of the Republican leader's policies. In addition, the US dollar would keep its upward trend against the guarani amid global uncertainty. Hence, there would be no room for a reduction in benchmark interest rates.

  • Tuesday, May 14th 2019 - 09:45 UTC

    Brazil's Real slides past 4.00 to the US dollar as China/US trade dispute escalates

    The Real currency traded as low as 4.0043 per dollar, its lowest since April 25 and about 1% weaker than Friday’s close

    Brazil’s Real weakened past 4.00 per dollar for the first time in three weeks on Monday as an escalation in the U.S.-China trade war sent emerging markets reeling and a weekly snapshot of domestic growth forecasts fell to a new 2019 low.