Gross fixed investment drops 0.3% inter-annually in Mexico: Peso likely to keep under pressure - London Business News | Londonlovesbusiness.com
Briefly

The Mexican peso remains fragile due to a combination of internal and external pressures that affect its value. Despite a weakening U.S. dollar, global trade uncertainties and ongoing trade tensions, particularly with tariffs imposed by the United States, inhibit its recovery. Domestically, recent economic indicators show a mixed scenario, with a minor contraction in gross fixed investment and an increase in private consumption, particularly of imported goods, which could challenge the trade balance. Market focus is on the Bank of Mexico's upcoming rate decision, as cuts could intensify the peso's struggles.
The Mexican peso struggles against various internal and external challenges, including trade tensions and mixed economic indicators, complicating its recovery prospects.
Read at London Business News | Londonlovesbusiness.com
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