Mexico's peso has slid further, with the currency touching fresh weak levels as traders digest the central bank's latest hold on rates and its softened forward guidance, which some
Mexico's peso has slid further, with the currency touching fresh weak levels as traders digest the central bank's latest hold on rates and its softened forward guidance, which some read as a shift toward a less hawkish stance. The government raised gasoline subsidies to cushion pump prices amid shifting global energy expectations, a fiscal cost that adds pressure to public finances. Attention stays on whether the currency's slide and rising fuel support costs feed into inflation readings in the weeks ahead.
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