Guatemala

The sovereign credit profile in Latin America has deteriorated markedly since the last edition of our proprietary risk ratings, to the point where the region's creditworthiness is... 2008-11-13

In spite of the remarkable economic resilience exhibited across the region earlier in the year, global headwinds have now started to damage the macroeconomic outlook in Latin America.... 2008-08-14

BMI View: We are concerned about the spike seen in Central America's cumulative trade deficit in recent years caused by robust domestic demand and soaring global commodity prices.... 2008-06-09

The Guatemalan quetzal continues to move in our favour, strengthening by 3% to around nine-year highs of GTQ7.4100-7.4300/US$ so far in 2008. In the past, the central bank ( Banguat... 2008-06-04

As 2007 draws to a close, Latin America looks to have chalked up another impressive year of above-trend growth, expanding on average by 4.9% according to BMI's preliminary estimates.... 2007-12-27

Soaring inflation is forcing the central bank ( Banguat ) to raise interest rates, and we believe that further tightening will be the catalyst for upside in the quetzal. Although... 2007-12-13

BMI View: With the Guatemalan economy on good form, and the regional and global outlook remaining positive, we have raised our real GDP growth forecast for 2007 from 5.0% to 5.5%... 2007-10-09

monetary policy, comparisons with previous rate-cutting episodes in 1998 and 2001 will inevitably be made. Although it is risky to rely too much on historical parallels, it is worth... 2007-09-21

With Mexico having joined the monetary tightening club (albeit unexpectedly) on April 27, with a 25bps increase in the benchmark rate to 7.25%, and Colombia hiking rates by 25bps... 2007-05-01

Following a bout of weakness over the first few months of 2007, the quetzal has picked up some momentum and is testing key resistance at GTQ7.6200/US$. Our forecast is for modest... 2007-04-23