Economy

The government's recent drive to transfer its debt into peso-denominated bonds from foreign currency (in order to minimise the vulnerabilities of exchange rate risks) has led to a... 2007-05-09

Central bank governor Guillermo Ortiz has said that Mexico has accumulated foreign exchange reserves 'beyond the point of adequacy'. With investors, both speculative and long-term,... 2007-04-11

BMI View: Consumer prices are beginning to show signs of abating, in line with our view that the recent rise in inflation should prove to be transient. Although headline consumer... 2007-04-10

BMI View: In a recent address to the Inter-American Development Bank (IDB), Mexico's Finance Minister Agustín Carstens stated that the domestic economy has become more resilient... 2007-04-04

BMI View: Mexican assets have strengthened over the past month and should continue to look healthy in the near term.

At 4.11% y-o-y, headline inflation remained on the high side in February, coming in some way above Banxico 's upper target band of 4.0%. Likewise, the core rate crept upwards to... 2007-03-09

BMI View: Mexico's gross external public debt burden came in at US$54.8bn in 2006, representing just 6.5% of GDP. This figure is especially impressive given that the country's public... 2007-03-09

BMI View: The market has become increasingly jittery of late, after the central bank, Banxico, threatened to tighten monetary policy if inflationary pressures did not show signs of... 2007-03-07

BMI View: The Mexican economy consolidated a healthy external position in 2006, registering a full-year current account deficit of US$1.48bn (just shy of our own forecast of US$1.50bn).... 2007-03-01

Mexican markets registered their worst single-day performance in almost seven years on February 27, as the shockwaves of an acute correction in Chinese equities was felt across the... 2007-02-28