LatAm Daily | BanRep in Colombia increases MPR by 25 bp as expected

Summary

The Board in Colombia decided to modify the intervention mechanism threshold: the options will be announced when the exchange rate is 3% higher than the 20-day moving average (from 5% previously). In Brazil the fiscal target for 2016 eased. Industrial production fell in Mexico in December, and is likely to remain weak at the beginning of 2016.

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