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Mexico's central bank is weighing interest rate hikes and hedging programs to defend the peso, which hit a record low of 20.61 per dollar on June 14, down 14.4% since April. Experts warn the hedging could cause large losses and rate hikes could slow growth.
A weak peso and costly defense measures weigh on Mexican feed importers' purchasing power and margins. Slower growth could reduce demand for feed in Mexico.
centralbanking.comRachael KingJun 18, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
