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2 clusters · 27 sources · 17 days · First seen · Last updated
US dollar volatility and reserve shifts in Latin America
Overview
US dollar exchange rates and central bank reserves have shown varied volatility across several Latin American markets.
In Colombia, the representative market rate (TRM) initially experienced fluctuations, rising above the $3,300 threshold in late September before decreasing to approximately $3,306.86 by September 26. By mid-October, the TRM saw a further decline to $3,194.44, eventually falling below the 3,200 threshold.
In Argentina, the official dollar was quoted at $1,545 for sale in late September, while the informal blue dollar was at $1,560. By October 13, the official rate remained stable at $1,535 for sale, though the blue dollar rose to $1,550. More recently, the Central Bank (BCRA) conducted its largest reserve purchase in over two months, acquiring US$291 million, bringing total accumulated reserves for the year to over US$15,000 million. During this period, the country’s risk premium fell below 600 points.
Regional trends show Nicaragua reaching a historic milestone as its gross international reserves surpassed US$10 billion for the first time. In Peru, the dollar experienced fluctuations with slight differences between the official SUNAT rate and parallel market rates. In Bolivia, the official exchange rate continued a downward trend, reaching Bs. 11.70. Meanwhile, Venezuela previously reported an upward trend in the official exchange rate, reaching Bs. 876.80.
Entities
Banco de la República · Banco Central de Nicaragua · Argentina · Central Reserve Bank of Peru · Banco Central de la República Argentina
Timeline
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[BUSINESS] 17 sourcesLatin American markets report shifts in US dollar rates and central bank reserves
Latin American economies report diverse currency trends: Argentina's central bank accumulates over US$15 billion in reserves, Nicaragua's reserves exceed US$10 billion, and Peru and Colombia see dollar shifts.
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[BUSINESS] 12 sourcesColombia inflation hits 6.24% as US dollar volatility continues
Colombia reports 6.24% annual inflation while the US dollar fluctuates around the $3,300 mark. Meanwhile, Argentina's official and blue dollar rates remained steady over the weekend.
Sources
0223.com.ar · 360radio.com.co · bolivia.com · buenaventuraenlinea.com · capital.pe · colombia.com · combonoticias.com · diariodelsur.com.co · dsn.pe · economis.com.ar · elespectador.com · esnoticiatdf.com · euribor.com.es · extra.com.co · hoydia.com.ar · hsbnoticias.com · karibena.pe · lagacetaonline.com.ar · mendozatoday.com.ar · perfil.com · prensalibreonline.com.ar · radio580.com.ni · radiobicentenario.com.ar · radiomhumahuaca.com.ar · rpp.pe · sitiosargentina.com.ar · tradingview.com
This summary has been updated 1 time: see revision history