Hola everyone!
This is Augusto from TCF Mexico.
The peso-dollar exchange rates have been the variable most affected by the increased volatility and by the effects of greater risk on a global level, particularly the fall in oil prices.
The intensification during the last quarter of 2016 of some of the risk clusters with a global impact led to a further downward revision of world economic growth forecasts for this year.
Private sector consumption to offer the biggest support to economic activity, given the fall-off in the dynamism of the external sector. Inflation will not fall: the upturn at the start of the year responded to a supply shock to agricultural produce and an unfavourable comparison base effect. The Mexican peso continues to experience difficulties
