# Latam Weekly: The Only Way Out Is Through | Post

> Scotiabank's weekly Latin America outlook says Latam-6 economies keep rebounding even as COVID-19 remains a major hotspot and reopening gets harder. It revises Banxico's terminal rate to 4.50% and makes the case for a stronger Peruvian sol.

- Date: 2020-08-22 · published 2020-08-22T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/51902-latam-weekly-the-only-way-out-is-through-post
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer sol and a Banxico easing path shape currency moves that affect Latin American import costs for feed ingredients, though the note is general macro commentary with no direct supply shock.

## Read by commodity

- USDMXN: neutral

## Sources

- scotiabank.com: https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.latam-weekly.latam-weekly--the-only-way-out-is-through--august-22--2020-.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.