Finance Minister Luis Videgaray (Google)
According to international news agency Reuters, expectations that the U.S. Federal Reserve could raise interest rates sooner than expected have been the main factor weakening the Mexican peso in recent days, the country’s finance minister said on Tuesday August 30.
Mexico’s peso shed around 1 percent on Tuesday, sliding for a third day in a row.
Latin American currencies weakened on Tuesday August 30, after comments by a high-ranking Fed policymaker.
Finance Minister Luis Videgaray, speaking on local radio, also said the government’s oil revenues would account for 15-16 percent of total income in 2016, down from 19 percent last year.
(Reporting by Michael O’Boyle for Reuters)
Comments
more recommended stories
Governor Mauricio Vila Dosal recognizes two outstanding Yucatecan nursesMérida, Yucatán, September 26, 2020.- The.
Mexico is sending 100 firefighters to Central California to help fight the SQF Complex FiresFRESNO, California — Mexico has sent.
Mexico Wants to Pay US Water Debt, Stay Out of US ElectionMexico’s president is calling on angry.
Influencers visit the “Land of Mayab” to promote the destination on social networksThrough their social networks, young people.
Walmart opens distribution center in YucatanWalmart de México y Centroamérica announced.
Thieves steal business jet in Mexico, crash in GuatemalaAuthorities say thieves stole a business.
Mexico is open and available for American travelersAmericans willing to travel abroad have.
Tulum’s hotel occupancy on the riseHotel occupancy in Tulum, Quintana Roo,.
UNAM will provide low income students with tabletsThe National Autonomous University of Mexico.
A five-year-old girl is the second registered case of “COVIDengue”Colima, Col. (September 25, 2020).- The.
BUSQUE A UN MÉDICO
Leave a Comment