LatinNews Regional Monitor: Mexico - 03 April 2020

* The main index in Mexico’s stock market (BMV) fell by 0.3% on 2 April amid the growing uncertainty over the extent of the economic impact that the coronavirus (Covid-19) pandemic will have on Mexico’s domestic economy. The negative result came even though stock markets in the US rallied on that day, following the US government’s announcement of a major economic rescue plan to address the economic fallout of the pandemic. The Mexican government led by President Andrés Manuel López Obrador has yet to present a comprehensive economic rescue plan, to which the loss in market confidence in Mexico has been attributed.

End of preview - This article contains approximately 103 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial