Inflation was still higher in March; however, the month saw the strongest peso since before the US election, with fuel prices moderating.
The rate was the lowest for the month since 2012 and will continue to pave the way for even more aggressive monetary easing.
BNamericas spoke with Marcelo Flora, head of the digital initiative and partner at the bank, about where the digital investment platform stands nearly a year on.
The ratings agency tells BNamericas that President Cartes' attempt at a constitutional amendment, which lead to violence and protests, will not impact the country's credit metrics or ability to implement policies.
The bank is launching the new offices to address the growing pension management industries, and offer external investment opportunities to fund managers.
BdB's profitability was very high prior to Brazil's descent into recession. Renegotiating souring loans has helped the bank maintain adequate returns despite weakening asset quality. Therefore, we affirmed our ratings on BdB, said S&P in a press release