LatAm currencies rally on Fed cut; Brazil's real leads gains.Latin American currencies climbed on Thursday and were on track for their strongest session in nearly two months as the dollar weakened following an interest rate cut by the Federal Reserve.
Brazil government says fiscal and monetary policies must converge.Brazil's fiscal and monetary policies must converge as high interest rates have pushed up public debt, Finance Ministry Executive Secretary Dario Durigan said on Thursday.
Brazil Retail Sales (MoM) came in at 0.5%, above forecasts (-0.2%) in October.Brazil Retail Sales (MoM) came in at 0.5%, above forecasts (-0.2%) in October
Brazil IPCA Inflation registered at 0.18%, below expectations (0.2%) in November.Brazil IPCA Inflation registered at 0.18%, below expectations (0.2%) in November
Brazil Gross Domestic Product (YoY) came in at 1.8%, above forecasts (1.7%) in 3Q.Brazil Gross Domestic Product (YoY) came in at 1.8%, above forecasts (1.7%) in 3Q