Back

LatinNews Regional Monitor: Mexico - 20 September 2019

In brief: Mexico’s stock exchange falls 0.87%

* Mexico’s primary stock exchange, Bolsa Mexicana de Valores (BMV), has fallen 0.87%, and closed 18 September at 43,070.34 units. The Mexican peso depreciated 0.2% against the US dollar and closed the day trading at M$19.405/US$1. This fall follows the US Federal Reserve’s decision (announced on 18 September) to cut the federal funds rate target by 0.25%, to a range of 1.75%- 2%. At the close of 17 September, the BMV had risen 1.42% in a day, in anticipation of the US Federal Reserve’s decision.

End of preview - This article contains approximately 95 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.