Mexico | The peso returns to 16ppd, influenced by lower figures than expected in the U.S.
Published on Saturday, August 1, 2015 | Updated on Saturday, August 1, 2015
Mexico | The peso returns to 16ppd, influenced by lower figures than expected in the U.S.
Summary
Expectations over the start of the monetary normalisation process in the United States put substantial pressure on the peso during the week, although fresh intervention by the Currency Commission and overly timid wage growth in the United States were factors that caused the peso to appreciate towards the end of the week
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Arnoldo López
Javier Amador
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Senior Economist
Francisco Javier Morales
Documents and files
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