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LatinNews Regional Monitor: Brazil & Southern Cone - 02 April 2020

From LatinNews Daily
On 1 April, the Brazilian government led by President Jair Bolsonaro unveiled an ‘emergency programme to maintain employment’, presented as its biggest effort so far to protect jobs from the impact of the coronavirus (Covid-19) pandemic. ... Read More
* The Brazilian real has reached another new low against the US dollar, closing the day at R$5.26/US$1 yesterday (1 April), while the index for the São Paulo stock exchange (Bovespa) fell almost 3%.... Read More
On 1 April Argentina’s country risk spread rose a further 2.6% after the government missed its self-imposed 31 March deadline to conclude debt renegotiations with its foreign creditors.... Read More
* Chile’s central bank (BCCh) has published its latest monetary policy report (Ipom) which forecasts that the country’s GDP will contract between 1.5%-2.5% this year due to the impact of coronavirus (Covid-19).... Read More

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