Puerto Vallarta News

Puerto Vallarta News

The Mexican Stock Exchange reported its worst month since August 1998

The Mexican Stock Exchange reported its worst month since August 1998, the year in which it accumulated a monthly loss of 29.52 percent, affected by expectations that the upward cycle of interest rates by the Central Banks will continue.

The index of the country's main stock exchange, the S&P/BMV IPC ended this month with a contraction of 6.70 percent, going from 48,144.33 to 44,919.22 points, a decrease of 3,225.1 units.

Carlos Hermosillo, an independent analyst, explained that “the most important thing that has . . .

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