Forward Peso Market May Soon Evolve Despite Political Turmoil

BANKS

Despite the political and market instability in recent weeks, trading in the Mexican peso is still likely to benefit from restrictions being lifted by the central bank, Banco de Mexico, sources say. One market source close to the central bank predicts restrictions on the forward market could lift by the end of April; however, he says plans could be postponed given the current climate.

By closing Mexican banks and currency markets for a day of mourning (or a day of cooling off) on March 24 and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: