Archive for the ‘South/Central America’ Category

The Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group each year bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness. Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial system. This year’s Annual Meetings events will take place in Tokyo, October 9-14, 2012.

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Traders are cutting bets for swings in the Colombian peso on speculation policy makers will put the brake on a rally that’s made the currency the best performer in emerging markets this quarter.

Implied volatility on three-month options for the peso versus the dollar, which reflect expectations for fluctuations over the next three months, dropped 9.1 percent since March 2 to 11.285 percent yesterday, data compiled by Bloomberg show. That’s the measure’s lowest level since May 4.

Read More: http://www.bloomberg.com/news/2011-06-30/colombia-peso-volatility-falls-as-traders-bet-on-central-bank-intervention.html