Economic Indicators and Forecasting, Exchange Rate, Free Content, Mexico

There is a rumor in the market…

There is a rumor in the market that the exchange rate will be at Mex $ 20 per UDS $ 1 any time soon, inducing local investors to buy many pesos, thus generating a demand for pesos that drives their value against the dollar, but looking at it from a technical point of view, the trade balance operates in deficit, crude oil exports fell, gasoline imports continued, tourism was worth zero and it will continue to be for a while, and remittances will fall dramatically due to the loss of jobs In the United States, foreign direct investment in fixed investment is practically non-existent and foreign investment in the debt market has had more money leaving than entering and will continue to leave, as the uncertainty surrounding the 4T decisions continues to be erratic and wasteful.