Search results
1 – 10 of 39
The surprisingly ample victory of opposition candidate Alberto Fernandez over President Mauricio Macri in the August 11 presidential primaries triggered a currency run and a sharp…
Details
DOI: 10.1108/OXAN-DB246142
ISSN: 2633-304X
Keywords
Geographic
Topical
The severe drought’s impact on export earnings has fuelled fears of devaluation, increasing exchange pressures and forcing the government to implement further domestic debt swaps…
Details
DOI: 10.1108/OXAN-DB278451
ISSN: 2633-304X
Keywords
Geographic
Topical
After financial turbulence in the first half of 2022, the economy stabilised in the second half, and the government is estimated to have met IMF policy targets for 2022. However…
Details
DOI: 10.1108/OXAN-DB275364
ISSN: 2633-304X
Keywords
Geographic
Topical
In recent days a severe currency run drove a 12.2% depreciation of the peso and an estimated fall of nearly 5 billion dollars in international reserves (8% of that stock). The…
Details
DOI: 10.1108/OXAN-DB233554
ISSN: 2633-304X
Keywords
Geographic
Topical
The Central Bank's 2015 monetary programme.
Details
DOI: 10.1108/OXAN-DB198070
ISSN: 2633-304X
Keywords
Geographic
Topical
With second-quarter targets unmet, the deal was delayed by conflicting positions on fiscal and exchange policies. Economy Minister Sergio Massa’s recent policy package paved the…
Details
DOI: 10.1108/OXAN-DB281076
ISSN: 2633-304X
Keywords
Geographic
Topical
However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…
Details
DOI: 10.1108/OXAN-DB282141
ISSN: 2633-304X
Keywords
Geographic
Topical
Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…
Details
DOI: 10.1108/OXAN-DB272411
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB274207
ISSN: 2633-304X
Keywords
Geographic
Topical
It is the highest level recorded since April 2009. Given the negative shock that US President-elect Donald Trump's November 8 victory caused for Mexico, a sharper interest rate…