INSUBCONTINENT EXCLUSIVE:
As Mexico and the United States grapple with changing monetary policies, the Mexican peso could face new targets in response to anticipated
adjustments from the Federal Reserve.Market analysts suggest that the peso might strengthen to MXN$16.42 per dollar in the short term before
growth and attractiveness relative to other Latin American economies could offset this effect.Anticipating the impact of United States
monetary policy on the Mexican peso
(Photo Internet reproduction)Speculations indicate the Bank of Mexico might reduce its interest rates ahead of the Federal Reserve, further
around November.In the wake of these changes, strategists predict a shift towards a slight depreciation of the peso as the interest rate
appreciation this year, reflecting the complexity of these economic dynamics.
