Latin America Currencies: Brazil Gains, Mexico Loses

Mexico's peso was among Latin America's top losers in the second quarter. (Photo: Mexico's Central Bank)

Argentina and Mexico see highest depreciation in Latin America, Brazil leads in appreciation.


Latin American currencies stabilized in the second quarter compared to the first quarter, although they overall lost their value compared to the US dollar, according to a Latinvex analysis of data from XE currency converter.

Argentina, Mexico and Peru – which are among the top FX losers in the quarter – are also the countries where companies have the highest currency mismatch risks, according to a new report from Fitch Ratings.

Of 13 Latin American currencies analyzed by Latinvex, eight ...

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Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Fitch Ratings, Guatemala, Honduras, Mexico, Nicaragua, Peru, Uruguay