Editor’s note: Just two weeks ago, with the peso below 17, the MND Peso Index indicated that it was overvalued by 6% and should instead be trading at 17.98. After the past week’s move, this morning it is trading at 17.96.
MND Staff
The MND Peso Index™ suggests that the USD:MXN exchange rate in early September — compared against prices for goods in various Mexican cities and in Dallas, Texas — overvalued the Mexican…
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