Currency Forecasts

We feel that, in the context of a flourishing economic recovery and a positive outlook for the forthcoming presidential elections, the currency is unlikely to see major further losses... 2004-07-08

The peso has seen an appreciation of nearly 3% since mid-May, when it reached its lowest point this year. The domestic economic and political climate is proving very supportive of... 2004-07-02

The Peruvian central bank has sought to maintain currency stability through intervention in the foreign exchange market,. Indeed, it is likely to make a record amount of dollar purchases... 2004-06-24

>Banco Central do Venezuela devalued the bolivar to a new fixed rate of VEB1915.2/US$ from VEB1600/US$ on February 9 this year and we expect no more adjustments in the exchange... 2004-06-03