Mexico's peso is seeing its first major volatility in months ahead of a controversial public consultation on the fate of the new Mexico City airport, as the financial sector grows increasingly concerned over its implications.
Alberto Carrasquilla will face questions from congress over his role in a failed water bonds program.
The former announced a new take for its Google for Entrepreneurs program, which will now be dubbed Google for Startups, coupled with a new call to select local projects. Visa bought a minority stake in Conductor, its first such move in Brazil.
The central bank considered that the relevant market in this dispute was the non-contact payment services, comprised by the automatic debit services performed on bank accounts, where Itaú does not have a dominant position.
The benchmark interest rate is at its lowest level ever at 6.5% ahead of an October 31 rate meeting.