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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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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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This partial revival, fuelled by an increase in household consumption, nevertheless fell short of offsetting the devastating effects of the strict COVID-19 lockdown measures…
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…
The outlook for political stability.
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DOI: 10.1108/OXAN-DB197737
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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The naira's partial float.
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DOI: 10.1108/OXAN-DB220688
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…