Exchange Rate and Inflation


Buenos dias!

This is Augusto Corallo from Mexico City.

High levels that is the exchange rate, above the 17.50 pesos per dollar, could push inflation over the next three years, an increase in that span up to 3.0 percentage points, according to estimates by financial analysts private sector.

The Mexican peso although in recent days has shown a slight recovery, most market analysts changes does not rule out volatile movements in the coming months, with the expectation that prices remain near 18.0 pesos, including by above that level.

The deputy director of financial markets Banco Santander, Salvador Orozco Peña said that maintaining a close to 18.0 pesos per dollar price, there is a high probability that prices show upward pressures, especially in the second half of this year.