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Weekly Report - 12 February 2015 (WR-15-06)
BRAZIL: Real weakens as political realities begin to bite
By 11 February, Brazil’s currency, the Real, was trading at R$2.87/US$1 its weakest value against the US currency since November 2004. While plenty of non-Brazilian factors are at play in the dollar’s rise, such as the continued crisis in the Eurozone, the Real has suffered more than other Latin American countries. As President Dilma Rousseff’s popularity plummets, some analysts are even openly questioning whether she will be able to finish her second term in office.
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- PARAGUAY: Protests mount against Cartes
- ARGENTINA: Waiting for the post-Kirchner era
- MEXICO: Awaiting outcome of critical UN hearings
- TRACKING TRENDS
- DOMINICAN REPUBLIC: PLD moots reform to permit Medina’s re-election
- COSTA RICA: Solís suffers setback
- TRACKING TRENDS
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- Quotes of the week