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home / news releases / FLMX - Mexican Peso Bulls Hold Your Horses


FLMX - Mexican Peso Bulls Hold Your Horses

Within the Latin American (Latam) space, we do see the Mexican Peso (MXN) has been one of the worst performing emerging market currencies with a negative spot return of 32% at the point of writing since the start of the year. The negative economic outlook, political tensions in Brazil and risk aversion within Latin America countries has been negative for their currencies and Mexico is not spared as well. Despite stimulus plan from President López Obrador and the latest 50bp rate cut to 6% from Banco de México, it did not stop the MXN from

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Stock Information

Company Name: Franklin FTSE Mexico
Stock Symbol: FLMX
Market: NYSE

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