Nicolle Yapur

Investors are finding fresh reasons to buy Colombian and Peruvian assets as the countries’ newly elected presidents deliver early signals that their market-friendly agendas will translate into policy overhaul.

A “rare” bout of currency appreciation across the region is eating away at profits for exporters.

A group of Venezuela bondholders is adding new members as it positions for long-awaited debt talks over what could be the biggest sovereign restructuring in more than a decade.

Colombia launched a program to accumulate as much $4 billion in international reserves, moving to weaken the nation’s currency from a seven-year high.

The Colombian peso is on track for its biggest drop in three months after the central bank unexpectedly paused rate hikes and announced a program to build up dollar reserves, signaling that the currency’s rally has gone too far.

The Colombian peso continues to be the best performing currency in emerging markets as investors shrug off the central bank’s efforts to slow the currency’s rally and instead focus on its carry appeal.

Investors shouldn’t interpret the Colombian central bank’s decision to pause interest-rate hikes last month as a sign of dovishness, a top policymaker warned.

Election worries are starting to seep into Brazilian markets, prompting some investors to pare exposure to one of this year’s most rewarding carry trades as they brace for a bumpier ride into the October presidential vote.

Colombia’s local corporate bond sales are rebounding after four years in the doldrums as the election of a market-friendly government stokes investor demand for local assets and triggers a drop in sovereign yields.

The Colombian peso’s stunning rally lost momentum this week as the local financial system ran short of dollars, exposing the limits of the currency’s carry appeal.