• Global Gas Analytics
  • Analysis & Forecasts

Americas Economic overview

September 2018

Currency woes will remain a major headwind for the economies of key gas-consuming nations in Latin America.

The weakness of local currencies against the United States dollar is making energy imports expensive for Latin America, and several of the region’s central banks are already taking measures to stem the decline in value of their currencies. Argentina’s worsening currency crisis has been particularly damaging to its economy and risks reducing investment in its oil and gas sector. The exchange rate between the US dollar and the Argentine...