Fynsa
The Central Bank decided to increase the rate to the maximum level of this cycle, which eventually generated dissent among the board members.
The outcome of the plebiscite should have a positive impact on the markets, under the assumption of lower uncertainty and risk premiums in the future due to the expectation of a more moderate new constitution.
Whatever the outcome of the plebiscite, the government will face much greater challenges than before the social outburst.
Regarding the outcome of the referendum, it seems that nothing is settled yet; and this also seems to be the market's view on the matter.
