GDP fell 1.6% in 4Q of 2019 causing a -0.3 yearly growth. In the first quarter of 2020 the rate of growth was negative on a year to year basis -2.2%. The Central Bank changed its forecast for 2020, from .5% to 1.5%, to -4.6% …
The opinion of Ernesto O’Farril helps to explain the lowering of the dollar against the peso and in general against all currencies; he comments that all the central banks of the world have implemented extreme policies and measures to expand the means of payment by …
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 …
The trade balance for April was published yesterday. It is the first data that allows us a broad vision of the economy during the first month of confinement. We have already discussed various approaches with you, but now we have confirmation. The fall in exports …
