Free Trial

Chile, Colombia Large Current Account Deficits Are a Vulnerability - Fitch

LATAM
  • Chile’s and Colombia’s current account deficits will remain large in 2022 due to continued strong import growth and high profit remittances by companies in the commodities sector, Fitch Ratings says.
  • Large CADs are a vulnerability as external financing conditions tighten, and if domestic political uncertainty begins to weigh on FDI prospects, external pressures could build. (Fitch Ratings)
  • Link to release here: https://www.fitchratings.com/research/sovereigns/c...

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.