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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…
Soon after taking office, President Mauricio Macri announced a "rain of new investments" from foreign companies attracted by the business-friendly tone set by his administration…
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DOI: 10.1108/OXAN-DB212198
ISSN: 2633-304X
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While futures markets are assigning a 28% probability to a rate hike this month, emerging markets (EMs) are likely to remain under strain regardless of whether the Fed tightens…
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DOI: 10.1108/OXAN-DB204314
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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In his first month in office, President Mauricio Macri made substantial progress in removing controls implemented by the former administration. The new government liberalised the…
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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Nevertheless, it represents a 43% depreciation since June 20, when the CBN abandoned its pegged rate of 197 naira to the dollar. The decision follows the first GDP contraction in…
The longevity and outlook for currency pegs.
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DOI: 10.1108/OXAN-DB197261
ISSN: 2633-304X
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Monetary tightening.
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DOI: 10.1108/OXAN-DB238908
ISSN: 2633-304X
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The major central banks use one key tool to implement policy and influence the economy as directly as possible -- an overnight interest rate on banks’ reserves at the central…