
Mexico’s economy contracts by 18.7% due to the COVID-19 crisis, faces grim forecast
The ugly numbers had been expected. Mexico suspended much of its economic activity and urged people to stay at home beginning in late March

The ugly numbers had been expected. Mexico suspended much of its economic activity and urged people to stay at home beginning in late March

The economic shutdown caused by COVID-19 has driven the country deeper into a recession

Mexico registered a fifth consecutive quarter of economic contraction confirming the country is in recession since early 2019

Banxico launched an economic program to help small and medium-sized companies

Banxico's measures aim to ensure there are credit lines, liquidity, and order during the economic recession

The World Bank has issued a new report titled “The Economy in the Time of COVID-19”

On Monday, Banxico stepped into the foreign exchange market to prop up the Mexican peso after the currency plummeted to an all-time low

Mexico needs to regain the trust of national and international investors

Mexico’s economy was weaker than initially estimated in the final three months of 2019, shrinking by 0.1% compared to the previous quarter, prolonging a mild recession

In the last year, Mexican exports have decreased and the country has faced a slow economic growth