# Mexico: Peso to move between politics and NAFTA - BBH — Octa

> Brown Brothers Harriman says Mexico's economy has slowed to GDP growth below 2% for three quarters amid fiscal and monetary tightening. It flags NAFTA renegotiations and July presidential elections as risks to the peso, with Banxico's policy rate at 7.5%.

- Date: 2018-03-30 · published 2018-03-30T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/66222-mexico-peso-to-move-between-politics-and-nafta-bbh-octa
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Political and trade uncertainty in Mexico could pressure the peso, which would make US feed imports cheaper for Mexican buyers in dollar terms but weigh on demand if the economy stays weak.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/554289/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.