- Benchmark rate set at 10.0% from 9.25%
- One vote for 50 bps
USDMXN weekly
If the US dollar is turning and reshoring is coming then the Mexican peso is a good place to be. It's one of the very few currencies that have beaten the US dollar this year.
Mexican central bank hikes rates 75 bps to 10%, as expected
- That's a hefty rate of return
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