Mexico Weekly | Continuing decline in oil prices leads to the exchange rate to new highs
Published on Friday, January 15, 2016 | Updated on Saturday, January 16, 2016
Mexico Weekly | Continuing decline in oil prices leads to the exchange rate to new highs
Summary
Although it was a quiet week in terms of the uncertainty around China, it remains and also a sudden pessimism about global economic cycle due to worse than expected data in the US. This caused a further rise in risk aversion and a sharp further decline in oil prices that continue to reach new multi-year lows
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Javier Amador
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Senior Economist
Francisco Javier Morales
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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