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Finance Ministry To Present Quarterly Report On Economic Situation

MEXICO
  • USDMXN did not spend long above 20.00 and is back in familiar territory around 19.90. Yesterday's rally in the Peso was in line with regional pairs in anticipation of and after the FOMC statement release and press conference.
  • 1pm local: Finance Ministry to present quarterly report on economic situation, finances and public debt.
  • President AMLO said on Wednesday he plans to send initiatives to Congress aimed at carrying out administrative reforms of autonomous bodies, which he has criticized as unnecessary or lacking impartiality. (RTRS)
    • Lopez Obrador argues government watchdogs and regulators created under his predecessors are biased and cost money that would be better spent on social programs. He has suggested that some be absorbed by government agencies or ministries.

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