Tag Archives: exports

Mexican Exports up 3.2 Percent in January

XINHUA Mexico’s exports grew by 3.2 percent year-on-year in January, thanks in large part to the manufacturing and petroleum industries, the National Institute of Geography and Statistic (Inegi) announced, Friday, Feb. 28. The Inegi stated in its report that the value of Mexican exports reached over $33.6 billion in the first month of the year, with almost $31.3 billion corresponding

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The Problem with Carry Trade Investments

By THÉRÈSE MARGOLIS It’s been the financial lifesaver that has kept the Mexican economy afloat ever since leftist firebrand Andrés Manuel López Obrador (AMLO) took office as president in December 2018. The carry trade, a financial venture in which entrepreneurs borrow money in one country where interest rates are low to invest in second country where interest rates are high,

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