Latin America is going to end 2015 with a big bang. The entire region has experienced what could only be described as a mini Latin Spring. The corrupt government of Argentina lost power to the pro-business leader, Mauricio Macri. Meanwhile, Venezuela's left-wing extremists suffered a defeat in Parliamentary elections. More recently, Brazil's president, Dilma Rousseff, is facing impeachment charges amid a corruption scandal.
All this naturally begs two questions; are the winds changing in the Latin American space and what does that mean for LatAm currencies? Continue reading "LatAM: First The Pain, Then The Gain?"