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LatinNews Regional Monitor: Mexico - 23 March 2020

From LatinNews Daily
On 21 March US President Donald Trump announced the closure of the border with Mexico to all but essential traffic, in order to slow the spread of coronavirus (Covid-19).... Read More
* Mexico’s President Andrés Manuel López Obrador has cautioned Mexico’s central bank (Banxico) against using Mexico’s international reserves to stop the depreciation of the Mexican peso due to the economic crisis caused by the coronavirus (Covid-19) pandemic and the fall in international oil prices (while declaring himself “respectful” of the bank’s autonomy).... Read More
From Latin American Economy & Business
The Mexican economy, like many others, is exposed to the coronavirus (Covid-19) pandemic.... Read More
The recent sharp fall in international oil prices is increasing speculation about a downgrade for Mexico’s state-owned oil firm, Pemex, by the international credit ratings agencies.... Read More
Although Mexico’s attention is likely to remain fixed on the coronavirus (Covid-19) pandemic, other economically relevant developments elsewhere will continue.... Read More

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