After persistent underperformance against the US dollar, the Mexican peso returns to its normal exchange rate ahead of US Central Bank announcement.
Mexico’s stock exchange also recorded a 1 percent gain in morning trading, despite the absence of support measures from the Mexican government
The virus is expected to keep piling pressure on the the global economy; the impact for Mexico might not be too hard according to analysts.
A reduction in interest rates, a new plan for economic growth and an increase in minimum wages. Do not miss this week’s roundup!
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