Peso

Argentina’s Dollar Dilemma: The Impact of Javier Milei's Radical Economic Choices

11 days ago

In a striking shift in public sentiment, Argentinians are growing increasingly apathetic towards the U.S. dollar, largely influenced by the radical economic policies introduced by the new president, Javier Milei. Known for his controversial stance against traditional monetary practices and his advocacy for dollarization, Milei's administration is redefining how the Argentine populace views and interacts with currency, as the country battles one of the highest inflation rates in the world.

Mexico's 2025 Economic Outlook Dims Amid Looming Trump Tariffs

26 days ago

As we approach the end of 2024, experts are expressing growing concerns about Mexico's economic trajectory for 2025, primarily influenced by the potential reinstatement of tariffs by former President Donald Trump. This development signals a significant shift for Mexico, which has enjoyed a period of relative economic stability and growth.

Surprising Growth: Mexico's Economy Outpaces Expectations in Q3

2 months ago

In a striking turn of events, Mexico's economy demonstrated resilience and growth, expanding at an unexpectedly high rate during the third quarter of 2024. Recent data released by national authorities revealed that the country's gross domestic product (GDP) grew 4.4% year-on-year, a figure that eclipsed analysts' forecasts and showcased Mexico's economic robustness amidst global uncertainties.

Philippine Peso Predicted to Weaken Amid Economic Risks, Says BSP Governor

2 months ago

The Philippine peso is under pressure and could potentially decline to as low as 59 to the US dollar if prevailing economic risks escalate, according to Felipe Medalla, the governor of the Bangko Sentral ng Pilipinas (BSP). His comments come amid concerns over rising inflation and geopolitical tensions, which could impact financial stability and investor confidence in the country.

Mexican Peso Set to Gain as Political Uncertainty Subsides, Says UBS

3 months ago

This has been an encouraging development for the economic prospects of Mexico, as UBS forecast the strengthening of the Mexican peso, or USD/MXN. As the political uncertainty in the country slowly clears, the peso is seen to gain traction in the global currency market, according to analysts at UBS.