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Monetary tightening.
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DOI: 10.1108/OXAN-DB238908
ISSN: 2633-304X
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The move follows reports from the National Institute of Statistics on August 23 that GDP had grown by just 0.02% quarter-on-quarter in the second quarter (Q2) of 2019. With Q1…
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DOI: 10.1108/OXAN-DB246105
ISSN: 2633-304X
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Geographic
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The peso is depreciating sharply due to renewed uncertainty surrounding the North American Free Trade Agreement (NAFTA). Further volatility may be caused by an acrimonious and…
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DOI: 10.1108/OXAN-DB225342
ISSN: 2633-304X
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Banking liquidity, capital, and portfolio quality indicators were positive. Nevertheless, some foreign banks have departed amid doubts over instability, the lifting of capital…
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DOI: 10.1108/OXAN-DB289292
ISSN: 2633-304X
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The surprisingly ample victory of opposition candidate Alberto Fernandez over President Mauricio Macri in the August 11 presidential primaries triggered a currency run and a sharp…
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DOI: 10.1108/OXAN-DB246142
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
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In this context, the government has recently launched two debt renegotiation initiatives: “Desenrola Brasil” (Develop Brazil) under the Ministry of Finance and “Renegocia!”…
The governor cited goals for the government to pursue over the coming year including anti-corruption efforts, the encouragement of investment and the enthusiastic adoption of…