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Pressure On Equities Weighing On MXN, Budget Balance Due

MEXICO
  • Renewed pressure on global equity indices keeping MXN on the backfoot, amid a small continuation of broad dollar strength on Friday. USDMXN has risen to 5-week highs around 20.85 with the most immediate attention on 20.9557, Dec 20 high.
  • Mexico’s Finance Ministry will issue its quarterly report on public finances and debt. Press conference scheduled at 11:30am Mexico city time, with data to be released before that.

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