GET MEXICO’S LATEST CURRENCY & ECONOMIC ANALYSIS
“The slide of the peso that began late last week with a decision by Mexico’s Exchange Commission to reduce a six-year-old hedge program aimed at reducing currency volatility “intensified” on Wednesday due to weak economic data out of Europe and China and decreased appetite for risk assets.”
Analysts at Mexican bank CIBanco
 The peso hit 17.6 to the US dollar on Wednesday afternoon, and some analysts predict a “sustained” depreciation in the short term. Read more. |
The peso hit 17.6 to the US dollar on Wednesday afternoon, and some analysts predict a “sustained” depreciation in the short term. Read more.
 Inflation was driven by the cost of food, services and housing, although it did see a decline from July, analysts say. Read more. |
Inflation was driven by the cost of food, services and housing, although it did see a decline from July, analysts say. Read more.
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WHY IS NUBANK GROWING SO FAST?
 The digital bank has already accelerated rapidly in the Mexican market, after introducing savings accounts and debit cards earlier this year. Read more. |
The digital bank has already accelerated rapidly in the Mexican market, after introducing savings accounts and debit cards earlier this year. Read more.
