Watch Banxico Exchange Rate Against Inflation Impact
5 Articles
5 Articles
The adjustment of the Mexican peso in recent days, above 18 units per dollar, is “healthy” and has been well processed by economic agents, said Omar Mejía Castelazo, deputy governor of the Bank of Mexico (BdeM). “Markets have confidence in Mexico and its currency,” he emphasized.
Banxico dismisses alarms for a dollar close to 18 pesos, although it maintains vigilance over possible inflationary effects; Omar Mejía claims that exchange rate fluctuations are normal and that the market retains confidence in Mexico.
The dollar around 18 pesos does not, for now, turn on the alarms in the Bank of Mexico (Banxico). However, the Government Board keeps under surveillance the risk that the depreciation of the peso will move to prices and complicate the fight against inflation. In an interview with media after the Bellazo for Financial Education in the Mexican Stock Exchange (BMV), Omar Mejía, deputy governor of Banxico, said that the recent movement of the curren…
The upturn in the price that the dollar is registering against the Mexican peso and that today is sold above the 18.60 pesos on average, should not worry Mexicans, said the deputy governor of the Bank of Mexico Omar Mejía Castelazo. In interview at the Mexican Stock Exchange (BMV) explained that our country [...] The article Mexicans must be calm in the face of the increase in the price of the dollar: Banxico appeared first in: 88.9 News.
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