A Micco,E Stein,G Ordoñez - 《Economic Policy》 被引量: 829发表: 2003年 The Collapse of the Mexican Peso: What Have We Learned? In the first quarter of 1995 Mexico found itself in the grip of an intense financial panic. Foreign investors fled Mexico despite very high interest rates on...
The Mexicanpeso(MXN) has been the official currency ofMexicosince 1861, forty years after the country gained its independence.1The 1994 Mexican currency crisis was a suddendevaluationof the Mexican peso, which caused other currencies in Latin America (such as in the Southern Cone and Brazil) to...
The Mexican peso USDMXN was tumbling on Monday afternoon, weakening by over 4% to trade at 17.70 against the U.S. dollar in the worst daily showing for the currency since June 2020. The ICE U.S. Dollar Index DXY, a gauge of the greenback’s str...
Maintaining the fixed exchange rate does not make a central bank's policy work simply onface value. While announcing intentions to retain the peg can help, investors will ultimately look at the central bank's ability to maintain the policy. The central bank will have to devalue in a sufficien...
Sachs, Jeffrey, Aaron Tornell, and Adres Velasco, "The Collapse of the Mexican Peso: What Have We Learned?," Economic Policy, 1996, 11 (22), 15-56.Sachs, J., A. Tornell, and A. Velasco, 1996, "The Collapse of the Mexican Peso: What Have We Learned?" Economic Policy, 46:13-...
Discover what drives Mexican house prices and rents and connect to resources that help you gauge property values across Mexico's highly-localized realty markets by Mexperience Property prices have been rising steadily in Mexico over the last decade—driven by a range of forces including the country...
The thing is, politics like it doesn’t matter until it does. Look at the Brexit referendum in 2016. That was a long night in the office. I remember it very clearly. That was a real humdinger for UK markets. So, gun to your head. You’ve gotta choose in the event that Trump get...
Precious Metal IRA: What Is It & How Does It Work?By Peter Reagan Reviewed by John Bowens Last updated on January 21, 2025 Share A precious metals IRA is a self-directed IRA (SDIRA) that allows account owners to purchase alternative assets like gold, silver, platinum, and palladium. Pr...
— In 2023, Eslabon Armado and Peso Pluma’s“Ella Baila Sola”single surpassed 1 billion streams on Spotify last month, becoming the first regional Mexican Top 10 hit on Billboard’s all-genre Hot 100, peaking at No. 4. The song became synonymous with...
On immigration: The President does garner relatively more power when it comes to immigration policy. President Trump has proposed much stricter immigration measures and an effort to deport asylum seekers. We should expect for immigration to slow at an increased pace. Though, it is notable that dur...