LatAm Daily | BanRep in Colombia increases MPR by 25 bp as expected
Published on Monday, February 22, 2016
LatAm Daily | BanRep in Colombia increases MPR by 25 bp as expected
Summary
The Board in Colombia decided to modify the intervention mechanism threshold: the options will be announced when the exchange rate is 3% higher than the 20-day moving average (from 5% previously). In Brazil the fiscal target for 2016 eased. Industrial production fell in Mexico in December, and is likely to remain weak at the beginning of 2016.
Geographies
- Geography Tags
- Latin America
- Colombia
- Brazil
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist