• News Ticker alerts

Mexico’s stock market continues to strengthen, alongside a strong peso, as the benchmark IPC index of the nation’s top 35 stocks pushes into record territory. According to the Wall Street Journal, the index reached 44,980 during Friday morning trading.

The index was at 43,000 in December of 2012. Global emerging markets strategists at Citi have projected the IPC index could hit 51,000 by the end of 2013.

The Wall Street Journal also reported, on January 18th, that the Mexican peso is holding strong against the U.S. dollar. Although the peso lost some ground, slipping from MXN12.5810 to MXN12.6510 on Friday against the U.S. dollar, the national currency is hovering near its strongest level in almost 16 months.

  • News Ticker alerts

More like this:


Sign in to comment

Win a $25 Gift Card to
The Broken Yolk Cafe

Join our newsletter list

Each newsletter subscription means another chance to win!