Lots of FX intervention and nearly 300bp of rate hikes have helped the Brazilian real recoup losses from late last year. Still, Brazil may not be immune from tariffs and equally we would not be ...

A notable number of Argentines also visited Chile and Brazil. The strengthening of the Argentine peso is largely attributed ...

America Movil SAB de CV (AMXOF) reports an 18% revenue increase despite a significant drop in net income due to currency fluctuations.

CEO Daniel Hajj emphasized América Móvil's growth in key markets, with the addition of 2.1 million postpaid subscribers in Q4, particularly strong in Brazil, Colombia, and Mexico. Fixed broadband also ...

And while the pain from the economic crisis and austerity measures is widespread, middle-class Argentines are enjoying the fact that peso salaries are now worth more abroad. They have flooded ...

Chile’s central bank turned more hawkish in the minutes of its latest meeting, saying it would do whatever it takes to bring ...

The company operates across over 20 countries in Europe and Latin America. In Mexico, its home market which brought in some 35% of revenue, the peso ended 2024 more than 20% weaker against the U.S.

Shakira started her massive “Las Mujeres Ya No Lloran World Tour” in Brazil on Tuesday night. This is the first of over 30 ...

Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter net profit compared to ...

Investorideas, a go-to platform for big investing ideas releases market commentary from Quasar Elizundia, Expert Research Strategist at Pepperstone.

Trump trade has resulted in negative effects as the US dollar has gone down 0.2% so far. Ten-year Treasury yields have gone back down to 4.53%.

Argentines are spending the most amount of dollars in years as they cash in on a strong peso, stoking further worries over ...