BNamericas provides a roundup of the most important Banking stories in Latin America.
The lower house will decide whether to stop legal proceedings against the president from advancing to the supreme court. However, Temer's political capital is getting increasingly eroded and this could reduce the possibility of key reforms being approved.
The budget committee approved changes in its 2018 forecasts for the peso and the price of oil, as well as raising Mexico's debt limit, to generate additional revenue in the budget.
The end of Nafta would likely trigger a downgrade of the country's rating from 'A3' to 'Baa1'.
The big three credit rating agencies have now all indicated they may revise up Argentina's debt rating as Spanish lender BBVA says GDP will accelerate this quarter.
Some banks have consulted with federal prosecutors about potential leniency agreement due to the testimony by former finance minister Antonio Palocci, according to local media.