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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…
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DOI: 10.1108/OXAN-DB216087
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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It contains the federal budget and revenue legislation, as well as key macroeconomic domestic and international assumptions and projections, several of which look highly…
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DOI: 10.1108/OXAN-DB264317
ISSN: 2633-304X
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While such losses are enormous, they are far less than then 41.4-billion-dollar loss seen the previous year. Pemex has recorded 17 consecutive quarters of financial losses, with…
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DOI: 10.1108/OXAN-DB218351
ISSN: 2633-304X
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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…
Prospects for Latin America in the third quarter.
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DOI: 10.1108/OXAN-DB200263
ISSN: 2633-304X
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Geographic
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Declining regional growth projections.
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DOI: 10.1108/OXAN-DB207523
ISSN: 2633-304X
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The recent plunge in oil prices has set back the opening of the energy sector enacted by the government of President Enrique Pena Nieto, making investment in the industry less…
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DOI: 10.1108/OXAN-DB198029
ISSN: 2633-304X
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The hike was double the 25 bp expected by most economists and took place without any similar move from the US Federal Reserve (Fed), increasing the gap between the respective…
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DOI: 10.1108/OXAN-DB212142
ISSN: 2633-304X
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This will be all the more marked given the importance of oil-related revenues to the exchequer and President Andres Manuel Lopez Obrador's (AMLO) apparent determination to keep…