09/03/19 – Reuters
By Abraham Gonzalez
As central banks across the globe cut interest rates, Mexico’s policymakers still have room to lower borrowing costs by as much as 100 basis points before the peso becomes less attractive than other currencies, fund managers and financial analysts say.
The spread between the key interest rate in the United States (2.0%-2.25%) and that of Mexico (8.0%) stands at 600 basis points, the third highest in the world after Argentina and Turkey and its highest level in a decade.
Mexico Institute 