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AMLO initially nominated Arturo Herrera for the role in June, replacing him as finance minister with Rogelio Ramirez de la O. Incumbent Governor Alejandro Diaz de Leon will stand…
The administration’s continuous attacks against certain private-sector interests, domestic and foreign, have also rattled investors, seemingly contributing to increased capital…
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DOI: 10.1108/OXAN-DB272652
ISSN: 2633-304X
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Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…
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DOI: 10.1108/OXAN-DB287016
ISSN: 2633-304X
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Inflows of foreign direct investment (FDI) and remittances should nevertheless finance such deficits comfortably. The Bank of Mexico (Banxico) also holds a substantial stock of…
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DOI: 10.1108/OXAN-DB274207
ISSN: 2633-304X
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Monetary policy moves.
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DOI: 10.1108/OXAN-DB227635
ISSN: 2633-304X
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Banxico justified the move as an attempt to curb inflationary expectations and eventually reduce inflation. It should also boost the peso, making the currency more attractive to…
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DOI: 10.1108/OXAN-DB221002
ISSN: 2633-304X
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The peso this month has hit its strongest nominal levels since April 2016, closing at MXN17.43:USD1 on May 15 -- an increase of MXN0.13 on the previous day. The accumulated…