The president Andres Manuel Lopez Obrador He suggested that for decades Mexico “didn’t carry that much weight.” is on track to achieve its best annual performance since data was available in Eikon LSEG in 1989.
On social media, the president shared an image showing currencies rising against the dollar. Mexico boasts +12.8% compared to last yearbased on data from World ofStatistics, a company that produces country population statistics, as well as economic and social data.
“Although the best thing is to see lots of happy people shopping in the streets and squares, it is worth saying that I haven’t had this much weight in decades“, the federal president boasted.
Last Friday was the last day of negotiations in a year marked by momentum high interest rate central bank.
If liquidity is low due to the holiday period, The Mexican currency was quoted at 16.9120 per dollar.profit of 0.10% compared to the base price Reuters since Thursday.
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“In the last session of the year there is a lull in the foreign exchange marketdue to a lack of up-to-date economic information and a decrease in the volume of transactions in the financial market,” says an analytical note from Banco Base.
So, He weight added 13.2% over the yearin accordance with Reutersbecoming one of the world’s best performing currencies against the dollar, although analysts believe it could fail and fall in 2024 is approaching 18.53 units, given the expectation that Banco de México will start loosen its monetary policy.
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
