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Tag Archives: EM equities

Uncertainty mounts over Mexico’s direction

The resignation of the Mexican finance minister raises further questions over prospects for Mexican assets.Carlos Urzúa, the Mexican Finance Minister, unexpectedly quit on Tuesday. His resignation, announced in a letter in which he set out the “many” disputes he had had with the administration of president Andrés Manuel López Obrador (AMLO), is meaningful from several standpoints. A respected official, Urzúa was seen by financial markets as a moderate, whose commitment to fiscal prudence...

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