2024-04-24 08:23:55
In contrast to previous elections, the current electoral process does not represent a risk for the volatility of the peso, bankers assured.
Within the framework of the 87 Banking Conventionin Acapulco, representatives of the national bank ruled out that the stability of the peso is a cause for concern derived from the elections.
“The issue of the election in Mexico is not a cause for concern that could have an impact on volatility and we are even seeing it in the strength of the peso.
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Generally every six years when the electoral process takes place there is more volatility in the exchange rate, which is like the guarantee that reflects that concern, and today there is none,” said the vice president of the Association of Banks of Mexico ABM), Raúl Martínez-Ostos.
banking in #Acapulco was the first sector to detonate support actions for those affected by the hurricane #Otissays the president of the @AsocBancosMxJulio Carranza.
📹 @Mrcherry_tree pic.twitter.com/PdPMW9Qj2R— @diario24horas (@diario24horas) April 18, 2024
Remembering that this is an election year in both Mexico and the United States, the president of the ABM, Julio Carranza called to remain “critical regarding the statements made by the candidates, even in the United States, and that of course will cause expectations in Mexico”.
“Let us remember that we are in an election year, both in Mexico and the United States (…) the work between Mexico and the United States and Canada is very good, very close,” he highlighted.
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After six months of the passing of hurricane Otis, Acapulco, Guerrero hosts the 87th Banking Convention, held on April 18 and 19, at Expo Mundo Imperial.
For its second day of activities, the 87th Banking Convention will receive the three presidential candidates, Claudia Sheinbaum, Xóchitl Gálvez y Jorge Álvarez Máynez, in addition to AMLO.
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2024-04-24 08:23:55