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LatinNews Regional Monitor: Brazil & Southern Cone - 28 March 2019

From LatinNews Daily
On 27 March, the index for Brazil’s São Paulo stock exchange (Ibovespa) fell 3.57% to its lowest point since 7 January, while the US dollar appreciated 2.24% against the real, trading at R$3.95/US$1, an almost six months high...
* Brazil’s Fundação Getúlio Vargas (FGV) has released the latest figures for its consumer confidence index (ICC), which show that consumer confidence fell in March...
On 27 March, Argentina’s President Mauricio Macri defended his government’s monetary policy as “serious and predictable” as the value of the peso continued to plummet...
* Statistics released about energy exports from Uruguay’s National Administration of Power Plants and Electrical Transmissions (UTE) in the first months of 2019 forecast a promising year for the state-owned company, with the company exporting 74% of the total energy sold in the region in 2018, in the first quarter of 2019...

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