The centuries-old depreciation of the peso

El Financiero

Lean Right

Factuality

Ownership

Without the need to speculate, it is now feasible to speak of a very important turning point for Mexico. Beyond the important and alarming consequences of the already approved reform of the Judiciary, there are a number of elements that suggest that the peso has entered a regime of secular depreciation. By secular depreciation I refer to a sustained weakening of the peso vis-à-vis its main trading partners in the medium and long term. This does …