05 May 2023

BBVA, Starmine Award for LatAm FX forecasting

BBVA’s FX Strategy team led by Alejandro Cuadrado proudly received the Starmine Award as Top Forecasters for LatAm currencies by Reuters/Refinitiv for 2022. This is the fourth Starmine Award received for BBVA’s LatAm FX forecasts in the past five years. 


Additionally, BBVA also earned 2nd place in Bloomberg’s FX Forecast Accuracy Rankings for LatAm currencies for end 2022 and is continuing that momentum in Q1 2023. The team has maintained a top three position in Bloomberg’s LatAm FX rankings for the past seven years. “We are honored once again to earn #1 and to reaffirm the FX expertise clients can continue to expect from BBVA, our presence in Latin America as well as our understanding of the global market dynamics,” said Alejandro Cuadrado, Global head of FX and LatAm Strategy.

These accolades recognize BBVA’s dedication to delivering accurate and timely insights into the FX and Latin American markets. BBVA’s FX Strategy team provides best-in-class analysis and forecasting services, allowing clients to make informed decisions in the particularly volatile FX markets. 

BBVA has been recognized as the World’s Best Foreign Exchange Bank for 2023 by Global Finance, distinguishing BBVA’s commitment with Client Service, based on a fully integrated FX value chain. Additionally, Global Finance also recognized BBVA once again as the Best FX Bank in Latin America. These achievements consolidate BBVA as a reference in the FX Industry and vindicate BBVA's deep roots in Latin America and the bank’s understanding of idiosyncrasies and market developments.