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12th Jun 2023 09:01Latin America, Weekly Monitor

  • Inflation continues to fall rapidly in Mexico, which will open the door for a dovish Banxico soon.
  • The MXN likely will continue to appreciate against the USD in the near term, but H2 likely will be bumpy.
  • Peru’s BCRP next move likely will be a rate cut, though probably not before late Q3, due to El Niño-related risk.

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Keywords for: 13 June 2023 LatAm Monitor

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