Latin America Monitor RSS FeedLatin America Monitor RSS Feed from Business Monitor InternationalLong-Term Sol Outlook Still Solid (Andean Group Monitor)- August 19, 2008 The strong performance of the nuevo sol over the past few years has been reflective of Peru's rapidly improving macroeconomic fundamentals. Despite heightened exchange rate volatility of late, we expect this trend to continue into the long term, especially as confidence in the currency will drive demand for sol-denominated assets.http://www.latinamericamonitor.com/file/68877/Long-Term-Sol-Outlook-Still-Solid.html Positive On Growth, Though Risks Remain (Caribbean Monitor)- August 7, 2008 BMI View:Despite the Bank of Guyana's upbeat economic growth outlook for end-2008 (it is projecting a 4.8% real GDP growth this year), we believe that a drop in soft commodity prices in H208 and a US economic slowdown mean the risks to growth remain in play. Consequently, our real GDP growth forecast for 2008 remains at 3.5%.http://www.latinamericamonitor.com/file/68883/Positive-On-Growth-Though-Risks-Remain.html |